If Larry starts a new pizza parlor and hires a manager for $30,000 per year, this implies that Question 5 options: 1. Larry values his labor at less than $30,000 per year. 2. pizza parlor managers are inexpensive to hire. 3. Larry values his labor at more than $30,000 per year. 4. the price of pizza will increase if Larry works in the parlor himself.

What does the phrase limited liability mean in a corporate context?

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Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.