Examlex
All else equal, an increase in demand will cause an increase in producer surplus.
De Jure Corporation
A corporation that has fully complied with all legal requirements for incorporation and therefore enjoys all the powers and rights granted to corporations under the law.
De Facto Corporation
A company that operates as if it were legally incorporated, even though it has not completed the necessary legal formalities and documentation.
Corporation By Estoppel
Corporation by estoppel is a legal doctrine preventing someone from denying a business's corporate status when they have treated it as a corporation in previous transactions.
Novation
In a contract, the substitution of a third party for one of the original parties. The duties remain the same under the contract, but one original party is discharged and the third party takes that original party’s place.
Q31: If the government imposes a binding price
Q34: Refer to Table 7-9.Both the demand curve
Q52: Tammy loves donuts.The table shown reflects the
Q68: Efficiency is related to the size of
Q135: Refer to Figure 7-17.If 4 units of
Q141: At Nick's Bakery,the cost to make homemade
Q162: Because supply and demand are inelastic in
Q213: A tax imposed on the buyers of
Q275: Refer to Figure 7-2.When the price falls
Q343: When a tax is placed on the