According to the law of demand, if the price of a netbook decreases, ceteris paribus, the demand for netbooks would increase

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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In many corporations, there is "separation of ownership from control." What does this mean?

A) The board of directors controls corporate operations, although the managers of the corporation own the corporation. B) Top corporate managers only make decisions that have been approved unanimously by shareholders. C) The shareholders control the corporation, although the board of directors owns the corporation. D) The managers of the corporation run the corporation, although the shareholders own the corporation.

Economics

Assume that a country has a domestic demand curve defined as Qd = 100 - 2P and a domestic supply curve defined as Qs = -20 + 3P. What is the autarchy equilibrium price and quantity?

What will be an ideal response?

Economics