Suburban power piping corp., under contract to construct a building for ltv steel corp., made a subcontract with power & pollution services, inc., to do some of the work. the subcontract provided that the subcontractor would be paid when the owner (ltv) paid the contractor. ltv went into bankruptcy before making the full payment to the contractor, who then refused to pay the subcontractor on the ground that the "pay-when-paid" provision of the subcontract made payment by the owner a condition precedent to the obligation of the contractor to pay the subcontractor. was the contractor correct? [power & pollution services, inc. v suburban power piping corp., 598 ne2d 69 (ohio app)]

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service