a. housing.
b. apparel.
c. transportation.
d. medical care.
b. apparel.
c. transportation.
d. medical care.
What does it mean to say there is a separation of ownership from control in large corporations?
What will be an ideal response?
Shares of stock represent partial ownership in large corporations, so that each of those who own stock own part of the corporation and share in the company's profits. Control of the corporation is possessed by members of its board of directors who select managers responsible for the day-to-day operations of the firm. Members of the board of directors and managers may also own shares of the corporation's stock.
Economics
You might also like to view...
The above figure shows the market for the three moving companies in a small nation
If the movers act as perfect competitors, what is the price per mile and the number of miles per year? If the movers collude and act as a single monopoly, what is the price per mile and the number of lines per year?
Economics
Which is NOT an example of signaling high quality in a social setting
a. wearing a business suit on a job interview b. scrimping on the tip for the waiter after a dinner date c. offering an expensive engagement ring to your bride d. Visiting the beauty salon before a big date
Economics
Increased government spending is an example of:
A. expansionary fiscal policy. B. contractionary fiscal policy. C. expansionary monetary policy. D. contractionary monetary policy.
Economics
The second largest category, by relative importance, in the CPI calculation is
Economics