He figure shows the supply and demand for online music. suppose that an economic downturn decreases household wealth and erodes consumer confidence. move the supply and/or demand curves to reflect the primary effect this would have on the market for online music. you can assume that online music is a normal good. also select the end result of equilibrium price and quantity.

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.