Who hires the managers of a corporation?

Economics is the study of

a. how the human race differs from other species b. how individuals amass personal fortunes in the stock market c. how individuals and nations deal with the problem of scarcity d. role that money plays in the economy e. how goods and services are distributed throughout the world

Consumer preferences

a. do not vary from one consumer to another b. have little to do with personal tastes and income c. are not influenced by the utility of goods d. are individual evaluations of goods and services e. can be objectively measured and compared across individuals