1 import quotas on sugar results in lower sugsr prices in usa

2 household production increases when there is a string desire to avoid taxation

3 a righteard shift of a demand curve respresents a decrease in demand

4 if supply increases and demand decreases then equilibrium price will fall

5 A price ceiling set below equilibrium price will result in shortage

6 if income rises and a good is inferior then demand for that good will decrease

7 a leftwardshift of a supply curve repreesents a decrease in supply

8 a major disasvantage of the corporate form of buisness is limited liability

9 the partenership is the least common for of buisness in usa

 True or false 

 

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