MGTA01H3 Study Guide - Midterm Guide: Oligopoly, Demand Curve, Aggregate Supply
14
MGTA01H3 Full Course Notes
Verified Note
14 documents
Document Summary
Mgta03 fall 2010 mid-term test november 5, 2010 version 1 page 3 of 10: inflation rates in africa for 2007 cover a wide range. They run from - 8. 8% in chad to 10,453% in zimbabwe. He likes some of the advantages of sole proprietorships, but is concerned about some of the disadvantages. He should consider all of the following except: difficulty in getting bank loans, unlimited liability, difficulty of liquidation, limited managerial and financial resources, difficulty of passing the business on to his heirs. Mgta03 fall 2010 mid-term test november 5, 2010 version 1 page 5 of 10: mario"s pizzeria sells only two kind of pizza: plain and all-dressed. Last year, mario"s pizzeria sold 2,000 all-dressed pizzas, selling them for each. Mario"s sold 10,000 plain pizzas at each. The cost of the ingredients, the box, and all of the electricity and utilities to make the pizzas came to ,000. In addition, mario paid ,000 rent for the store.
