According to the quantity theory of money, inflation results when excessive paper money is in circulation

Firms in a perfectly contestable market will be forced to operate as efficiently as possible and to charge prices as low as long-run financial survival permits. Why?

If a company is liquidated, common stockholders ______.

a. are entitled to nothing and lose their investment b. receive their dividends first, before any of the company’s other obligations are met c. are obligated to pay any debts remaining after the company’s assets have been sold d. receive all remaining corporate assets after the company’s debts and preferred stockholders have been paid