The table above shows the marginal costs and marginal benefits of college education. If the market for college education is perfectly competitive and unregulated, how many students are enrolled in college?
A) 12 million
B) 20 million
C) 16 million
D) 24 million
C
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A person who purchased a house with a small down payment just before an unanticipated inflation hits has ________ from the decision to be in debt, and has ________ by having an asset in the form of a house
A) benefited, benefited again B) benefited, been hurt C) been hurt, benefited D) been hurt, been hurt again
What is the Nash equilibrium of this game?
a. Both the vendors price high b. Both the vendors price low c. Vendor A prices high, vendor B prices low d. Vendor B prices high, vendor A prices low
Which of the following will increase (V0), the shareholder wealth maximization model of the firm: V0•(shares outstanding) = ??t=1 (? t ) / (1+ke)t + Real Option Value
a. Decrease the required rate of return (ke). b. Decrease the stream of profits (?t). c. Decrease the number of periods from ? to 10 periods. d. Decrease the real option value. e. All of the above.
To maximize market share managers need to maximize profits
Indicate whether the statement is true or false