Which of the following provides the strongest evidence that the corporate form of business structure is relatively efficient, particularly when business firms are large?
A) the fact that almost 90 percent of business revenues are generated by corporations
B) the fact that individual proprietorships are more numerous than corporations
C) the fact that economic theory indicates corporate managers have some leeway to pursue their own interests at the expense of the owners of the firm
D) the high salaries of many corporate executives, including some managing firms that are making economic losses
Correct Answer:
Verified
Q196: If most businesses in an industry are
Q197: The most important implicit cost generally omitted
Q198: For most firms, the major difference between
Q199: When total revenue minus total economic cost
Q200: Which of the following is most likely
Q202: If the CEO of a large corporation
Q203: Automobile companies typically make some of the
Q204: Approximately three-fourths of all U.S. firms are
A)
Q205: Profit-sharing plans, where employees receive bonuses in
Q206: One advantage of team production over contracting
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents