The most important reason for the increasing prominence of the corporation was:

a. protection from creditors.
b. that some businesses required more capital than one person or a few people could provide.
c. the use of "double liability."
d. None of the above

b. that some businesses required more capital than one person or a few people could provide.

Economics

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Which of the following situations could generate a shortage?

A) Demand for a good increases, resulting in a new higher market clearing price. B) Demand for a good decreases, resulting in a new lower market clearing price. C) Demand for a good increases, but the price is not permitted to rise. D) Demand for a good decreases, but the price is not permitted to fall.

Economics

This graph depicts the demand for a normal good. A shift from A to B in the graph shown might be caused by:

A. an increase in the good's price. B. a decrease in the price of a complement. C. a decrease in the price of a substitute. D. an increase in the price of a complement.

Economics