Firms that face capacity constraints can increase output only up to the capacity, but no further. Therefore, firms a. Should price to capacity as long as MR > MC b. Should price to capacity as long as MR < MC c. Should price to capacity as long as MR = MC d. Should not take capacity into consideration in pricing decisions

Partnerships are the most common type of business firms in the world. t/f

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?