When a decision is made based on a simple majority vote it is possible for the total benefits to the community of this decision to be less than the total costs to the community of this decision
Indicate whether the statement is true or false
True
Economics
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Which of the following firms has unlimited liability?
A) only proprietorships B) only partnerships C) only corporations D) both proprietorships and partnerships
Economics
The only decision that a perfectly competitive firm makes is:
a. what price to charge. b. what quantity to produce. c. how much to spend on advertisements. d. how much to discriminate on the basis of price. e. how to differentiate its products from its rivals.
Economics