Although a corporation is the most common type of firm, corporations generate only a small share of business revenue in the U.S. economy
Indicate whether the statement is true or false
FALSE
You might also like to view...
The maturation date of a bond is the date at which:
A. the principal will be repaid. B. dividend payments will be made. C. taxes on the bond are due. D. coupon payments will be made.
Price elasticity of supply measures how much the quantity supplied responds to changes in the price
a. True b. False Indicate whether the statement is true or false
A local fast-food restaurant mails out coupons for a free sandwich to every home in the community. The opportunity cost of redeeming the sandwich for someone who was on a diet might be:
A. not eating because you are on a "get fit for the summer" diet plan. B. lost wages due to spending time in a long line instead of eating a Healthy Choice meal in your office. C. eating a "Tough Man's Burger," which is one of your favorite fast food options. D. There was no opportunity cost for the sandwich because it was free.
A rationing device is a method used to resolve who gets what of available goods and resources
Indicate whether the statement is true or false