Why are most endangered species belong to common property?
What will be an ideal response?
In contrast to private property, most endangered species are common property to which no one has a property right and thus has no vested interest in ensuring that their populations survive over time.
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A corporation acquires new funds only when its securities are sold in the
A) primary market by an investment bank. B) primary market by a stock exchange broker. C) secondary market by a securities dealer. D) secondary market by a commercial bank.
Suppose the market price of zinc doubles. Which of the following scenarios is most likely?
A) The demand for zinc miners will increase, raising the market wage rate. B) The demand for zinc miners will decrease, reducing the market wage rate. C) The demand for zinc will increase, raising the market price further. D) The demand for zinc miners will decrease, reducing the market price back to its original price.