How are we going to answer without the choices?
<span>In the scenario in which, Beth
and Connie who do business as diamond investments and in acting on the firm's
behalf, Beth makes an honest error in overestimating the value of a
particular stock purchase to her firm, Beth is
not liable.</span><span> The term liability denotes the company's legal financial debts or obligations that arise during the course of business operations. </span>
Answer:
None of the options is correct.
Explanation:
In a perfectly competitive market a company will shut down in the short run if its product's price is less than the variable cost (total revenue is less than total variable costs).
Since all the companies are price takers in a perfectly competitive market, then the company cannot increase their prices, so they will temporarily shut down until the equilibrium price increases above its variable cost.
I believe it is <span>b. profit
</span>
Moral managers, amoral managers and immoral mamangers
