In the above figure, what is total profit at the profit-maximizing point?

A) $14
B) $56
C) $42
D) $70


D

Economics

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In financial markets, when a firm issues stock for the first time it is called an

A) investment portfolio option. B) initial public offering. C) initial portfolio offering. D) investment portfolio offering.

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The largest asset item for most banks is: a. cash

b. bonds. c. loans. d. federal cash reserves.

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Blenders Anytime produces kitchen products and has issued 20,000 shares of stock. Skip has 10,000 shares of Blenders’ common stock. Melda has 1,000 shares of its common stock. If Skip gets $1,000 from today’s dividend payment, how much money does Melda get?

a. $1 b. $10 c. $100 d. $500

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