BIOSC 0150 Lecture Notes - Lecture 3: Initial Public Offering, Sole Proprietorship, Legal Personality
29 Aug 2016
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Economy with direct exchange of one product for another without using money. Will buy 1 unit of wine for 1. 2 units of cheese or less (1) Accept 0. 83 units of wine or more for each 1 unit of cheese it sells (2) Will buy 1 unit of cheese for 2 units of wine or less . (3) Will accept 1/2 unit of cheese or more for 1 unit of wine it sells . (4) 1 unit of wine for x units of cheese. Price of 1 wine for 1 cheese (in the interval) 14 units of cheese (start at max on graph) 30 units of wine (start at max on graph) Ways to get money for your business expansion. Sell part of your company by issuing stock. The first sale of shares of stock by a private company to the public. Shareholders are not held liable the bank can only take company assets.
