It should be noted that a limited partnership is an agreement between at least one general partner and one limited partner.
A limited partnership can be regarded as a type of partnership that involves two or more partners entering into a business, even though there liability is amount of their investment.
However, there would be an agreement between them as regards the profits from the business.
We can conclude that limited partnership serves as an agreement that exist among at least one general partner as well as one limited partner.
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Answer:
Gasoline is a normal good
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Inferior goods are goods whose demand falls when income rises and increases when income falls.
Because the demand for gasoline falls when income falls, gasoline is a normal good.
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Answer:
Perfectly Elastic Demand
Perfectly Inelastic Demand
Relatively Elastic Demand
Relatively Inelastic Demand
Explanation:
Answer:
Option (C) is correct.
Explanation:
Exchange rate refers to the rate at which various countries exchange goods and services in the world market.
For example, the exchange rate between India and United States is as follows:
India's currency is in Rupees and United states' currency is in dollars,
So, the exchange is; $1 = Rs. 69
If the cost of goods for an Indian resident is 20 US dollars then he have to pay:
= 20 × Rs. 69
= Rs. 1,380 in rupees for purchasing the product.
The process should eliminate potential bias from patient psychology regarding benefits of the drug and also eliminate the potential bias from the treatment administrators. The advantage of such a procedure is that neither the patients nor the administrators of the treatments know which patients received which treatments.
