Refer to Figure 4-1. If the market price is $3.50, what is Kendra's consumer surplus?

When is policy convergence, also known as Downsian policy convergence, likely to occur among political parties?

What will be an ideal response?

It is likely that the owners have little to do with the day-to-day management of a firm in the case of

A) partnerships only. B) proprietorships only. C) corporations only. D) partnerships and corporations.