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Author Question: Paul and Wayne are starting a consulting firm together. Their liability is limited; therefore, their ... (Read 117 times)

serike

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Paul and Wayne are starting a consulting firm together. Their liability is limited; therefore, their firm is an example of a
 
  A) partnership.
  B) proprietorship.
  C) corporation.
  D) None of the above answers is correct.

Question 2

Assuming the market of soda has a regular downward sloping demand curve and upward sloping supply curve, the tax will ________ the price paid by buyers and ________ the price received by sellers.
 
  A) decrease; increase
  B) decrease; decrease
  C) increase; increase
  D) increase; decrease



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IAPPLET

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Answer to Question 1

C

Answer to Question 2

D





 

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