A common mistake made by consumers is the failure to take into account the sunk costs of their actions

Corporations are able to raise large amounts of financial capital because

A) of the tax breaks corporations are given relative to partnerships or proprietorships. B) of the elimination of the problem of separation of ownership and control. C) of limited liability and the treatment of a corporation as an individual entity. D) of their greater ability to monitor the performance of decision makers.

Nonprice rationing will happen whenever there is excess supply in a market.

Answer the following statement true (T) or false (F)