Merle Is a Student Who Believes That Since Share Ownership

Merle is a student who believes that since share ownership of corporations is so dispersed, actual control has passed into the hands of managers who run firms on a day-to-day basis. Merle's ideas echo those of:

A) Adam Smith in The Wealth of Nations.
B) Karl Marx in The Communist Manifesto.
C) Adolf Berle and Gardiner Means in The Modern Corporation and Private Property.
D) Wright Mills in The Power Elite.

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