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Author Question: If you expect the economy is going to boom and average income in the economy will rise in the ... (Read 110 times)

RRMR

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If you expect the economy is going to boom and average income in the economy will rise in the foreseeable future, the type of firm that would be able to increase its sales if your expectations are met is
 
  A) one that sells a luxury good. B) one that sells a necessity good.
  C) one that sells an inferior good. D) one that sells a price-inelastic good.

Question 2

The shareholders of a corporation
 
  A) directly manage the corporation.
  B) are inside directors of the corporation.
  C) are only comprised of top management for a large corporation.
  D) elect a board of directors to represent their interests.


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patma1981

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RRMR

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Reply 2 on: Jun 29, 2018
Excellent


ryansturges

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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