Holders of shares of common stock in a corporation have a “prior claim” over the company’s earnings or its assets.
Answer the following statement true (T) or false (F)
False
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If U.S. interest rates are rise relative to foreign interest rates, in the foreign exchange market the demand for U.S. dollars will decrease
Indicate whether the statement is true or false
Limit pricing is a strategy which is intended to deter entry into an industry
Indicate whether the statement is true or false
Suppose the government imposed a carbon tax on firms that emit pollution. Then
A. the firms' marginal cost of production would increase, and the supply curves within the market would shift to the left. B. the firms' marginal cost of production would decrease, and the supply curves within the market would shift to the left. C. the firms' marginal cost of production would decrease, and the supply curves within the market would shift to the right. D. the firms' marginal cost of production would increase, and the supply curves within the market would shift to the right.
The tax incidence of a specific tax or ad valorem tax is influenced by
A) who pays the tax. B) the amount of the tax. C) the price elasticities of supply and demand. D) All of the above.