A market will be efficient even if there is imperfect information as long as the market is competitive.

In the above figure, a rent ceiling of $500 per month would

A) not affect the equilibrium quantity. B) create a shortage. C) raise the rent and cause a surplus. D) reduce the rent and create a surplus.

Proprietorships, partnerships, and corporations are the primary forms of

A) industries. B) business organization. C) principal-agent relationships. D) command-incentive relationships.