Ik that no body is on but if you are please answer this for me i already did the first two. Why is the legal system a necessary component of business? What are some possible issues that might arise if the legal system had absolutely no participation in business and business operations? Provide a specific scenario that illustrates the importance of the legal system in business.

8. problems and applications q8there are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: consumers' willingness to payyvette: $35cho: $15sean: $45bob: $25firms' costsfirm a: $40firm b: $20firm c: $10firm d: $30each firm has the capacity to produce only one haircut.for should be given.which businesses should cut hair? check all that apply.firm afirm bfirm cfirm dwhich consumers should have their hair cut? check all that apply.bobchoseanyvettethe maximum possible total surplus is