If the wage rate were $90, how many workers would be hired?

Refer to the scenario above. If Alice wins the auction, the seller earns an average revenue of ________

A) $30,000 B) $25,000 C) $24,000 D) $36,000

Limited liability rules:

A. mean that bankrupt companies owe nothing to corporate bondholders. B. discourage investment in corporate stock. C. help prevent corporate fraud. D. encourage stock investing by limiting shareholder risk of loss.