Advance-purchase discounts offered by airlines are an example of

A firm where owners are usually not managers and not personally liable for the firm's debts is a

A) sole proprietorship. B) general partnership. C) corporation. D) None of above.

Imagine you own a machine that produces perfectly authentic and legal $100 bills. You would use this machine until:

a. the bills became worthless. b. the total cost began to fall. c. the marginal cost was $100. d. the variable cost began to rise. e. the marginal revenue began to fall.