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Author Question: A firm that has limited liability is classified as a A) proprietorship. B) partnership. C) ... (Read 61 times)

Charlie

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on: Jun 29, 2018
A firm that has limited liability is classified as a
 
  A) proprietorship.
  B) partnership.
  C) partnership or proprietorship.
  D) corporation.

Question 2

Suppose we observe that both the equilibrium price of film cameras and the equilibrium quantity of film cameras have fallen. Which of the following could be responsible for this?
 
  A) Consumers' preferences changed in favor of digital cameras.
  B) technological advances in film camera production
  C) Workers who make cameras received a pay raise.
  D) The price of digital cameras increased.


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diana chang

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Charlie

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

dantucker

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Reply 3 on: Yesterday
Excellent

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