The shareholders of a corporation
A) directly manage the corporation.
B) are inside directors of the corporation.
C) are only comprised of top management for a large corporation.
D) elect a board of directors to represent their interests.
D
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An example of a good that is not rival in consumption is:
A. a sports car. B. a paper clip. C. bottled water. D. electricity.
Suppose Rebecca needs a dog sitter so that she can travel to her sister's wedding. Rebecca values dog sitting for the weekend at $200 . Susan is willing to dog sit for Rebecca so long as she receives at least $150 . Rebecca and Susan agree on a price of $175 . Suppose the government imposes a tax of $10 on dog sitting. The tax has made Rebecca and Susan worse off by a total of
a. $50. b. $40. c. $20. d. $10.
The consumer price index (CPI) increased at a slower rate during the period 1990-2004 than the import price index
Indicate whether the statement is true or false
Recall the Application about the decrease in price of illegal drugs in the United States to answer the following question(s).Recall the Application. If the decrease in price of illegal drugs is primarily due to a change in demand, the equilibrium quantity of drugs:
A. will increase. B. will decrease. C. will not change. D. may or may not change.