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Author Question: Suppose at the current price, the demand for copper is estimated at -3.14. What happens to sales ... (Read 78 times)

robinn137

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on: Jun 29, 2018
Suppose at the current price, the demand for copper is estimated at -3.14. What happens to sales revenue if the government imposes a price ceiling below the free market equilibrium price in the copper market?
 
  A) Sales revenue falls.
  B) Sales revenue remains unchanged because copper is a necessity for most industries.
  C) Sales revenue rises.
  D) It cannot be determined without information on prices.

Question 2

Assume you and your cousin Vinny set up a partnership and your lawyer tells you that as the owners you will each face unlimited liability. What does that mean?
 
  A) There is no legal responsibility of the business in case a customer sues, as the business is legally untouchable.
  B) Each of you could stand to lose your personal wealth if the business goes bankrupt.
  C) You are each liable for organizing the business.
  D) None of these explain what unlimited liability means.
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sierramartinez

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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robinn137

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

mcabuhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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