Which of the following statements about the corporate form of ownership is false? a. the shareholders are the owners of the firm and hold the top priority claim among all stakeholders. b. the shareholders elect the directors of the corporation, usually in uncontested elections. c. the directors appoint the firm's management, and yet managers usually participate in nominating new candidates for directors. d. separation of ownership from control can cause agency problems where managers act in their own interests, rather than shareholders' interests.

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer