Guy and peggy bought a racehorse together, agreeing to share all expenses and profits equally. there was no agreement as to the duration of the partnership. after two racing seasons, peggy decided she was tired of the business and left the partnership. is guy correct in claiming peggy's leaving was wrongful?

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

answer; monopolistic competition;

the correct choice is a