Hello I have multiple Economics questions, here are the images. e

Which of the following statements is a dening feature of a corporation? 0 a. A corporation owns and operates units only in foreign countries. 0 b. A corporation is created by a verbal agreement. 0 c. A corporation that is based on a verbal agreement is also recognized by State law. 0 d. A corporation has a legal identity that is separate from that of its owners. 0 e. The owners of a corporation face unlimited liability on debts. The amount of a product that people are Willing and able to purchase at a specic price is referred to as the: O a. quantity demanded. O b. consumption function. 0 c. demand. 0 d. law of demand. 0 e. purchasing power. Bob and Bill can make 16 toys each if they devote 8 working hours in a day. Further, Bob can repair 4 cars and Bill can repair 2 cars, if they devote 8 working hours in a day. What is the opportunity cost of repairing one car to Bill? O a. 4 toys 0 b. 16 toys 0 c. 12 toys O d18 toys O e. 10 toys The below gure shows the demand and supply of DVD rentals in a city. S] and D1 are the original supply and demand curves. The demand curve shifts from D1 to D2. Figure 3.4 Price per DVD rental ($) 010203343003708093100110 485783 Quantity (Number of DVD rentals) Refer to Figure 3.4 and identify the true statement. O a. The original equilibrium quantity was 57. O b. The demand for DVD rentals has decreased. O c. The new equilibrium price is $3. Q d. The new equilibrium quantity is 48. 0 e. The supply of DVD rentals has decreased. Every Friday night Elizabeth either goes bowling or goes to the movies. Because the price of bowling went up, Elizabeth now sees more movies. Elizabeth's behavior would be best described as a change in which determinant of demand? 0 a, Expectations 0 b. Price of complementary goods 0 c. Number of buyers 0 d. Income O e. Price of substitute goods