The owners of a corporation are
a. stockholders
b. managers
c. sole proprietors
d. partners
e. at risk of bankruptcy if the firm makes losses
A
Economics
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Pepsi is considering an expensive advertising campaign to steal market share from Coca-Cola. Why might both companies have a dominant strategy to advertise, even if advertising attracts few new customers to the cola drink industry?
Economics
All things equal, the price elasticity of supply
a. will be greater in the short run than in the long run. b. will be greater in the long run than in the short run. c. is the same for the short run and the long run. d. approaches zero in the long run.
Economics