In a partnership, legal responsibility for all debts is
A) shared by the partners.
B) passed to the shareholders.
C) paid by the principle owner.
D) handled by the bondholders.
A
Economics
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If Ringo is risk averse, at a wealth of $200,000 his utility of wealth curve has a ________ slope and his marginal utility of wealth is ________ than at a wealth of $100,000
A) negative; smaller B) negative; larger C) positive; smaller D) positive; larger
Economics
Which of the following might cause the demand curve for an inferior good to shift to the left?
a. a decrease in income b. an increase in the price of a substitute c. an increase in the price of a complement d. None of the above is correct.
Economics