A disadvantage of corporations over a proprietorship or partnership is in the

The demand curve for the shares of a company's stock slopes upward, since the higher the price of the stock, everything else remaining the same, the higher the quantity of stock demanded

a. True b. False Indicate whether the statement is true or false

Suppose that one firm produces a product that results in negative external costs to society. This information suggests that

A) resources are under-allocated to the firm. B) the equilibrium market price of the product includes the external costs borne by society. C) resources are over-allocated to the firm. D) at the market price, quantity demanded is less than quantity supplied.