When a household owns shares of stock, _____
a. it has ownership rights in that firm
b. it is entitled to the majority of the firm's profits
c. it is liable to bear the entire loss faced by the firm
d. it can consume the firm's products without paying for it
e. it is responsible for correcting any defect in the product identified by the customers
a
You might also like to view...
Taxes impact incentives to use resources since they distort relative prices
Indicate whether the statement is true or false
Economists use the ceteris paribus assumption primarily in order to
A) make their analyses easier for them to conduct. B) designate what they believe is the correct relationship between two variables. C) explain why people sometimes consume more of a good when its price rises. D) explain why those things that come first do not necessarily cause those things that come later. E) designate the difference between normative and positive economics.