If Dell, a computer company, is determining whether to build a new plant in Texas or in New Mexico, it is making a(n) ________ decision

All of the following will affect the position of the demand curve EXCEPT

A. prices of resources used to produce the product. B. taste and preference. C. changes in expectations of future relative prices. D. income.

A proprietorship is

A. a business owned by one individual that employs 10 or fewer workers, and has been in business less than 15 years. B. a form of business in which the stock of the company is closely held by members of one family. C. a business owned by one individual who receives the profits and is legally responsible for the debts of the firm. D. a business with annual sales of less than $50,000 a year.