A leveraged buyout is
A) a form of short-term lending to finance companies when they buy a company.
B) the acquisition of a company financed by debt.
C) the sale of commercial paper to finance purchases of bundles of securitized non-traded loans.
D) borrowing by finance companies to make loans.
B
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If a monopolist wishes to increase its output and quantity sold
A) it must reduce its price, so its marginal revenue is greater than its price. B) it must reduce its price, so its marginal revenue is less than its price. C) it must raise its price, so its marginal revenue is greater than its price. D) it must raise its price, so its marginal revenue is less than its price.
Judging from the table of the four types of goods, goods that are excludable would include ______.
a. pizzas and movie streaming
b. rainforest trees and street lighting
c. the atmosphere and rainforest trees
d. pizzas and street lighting
Marginal cost generally ________ quantity produced.
A. rises with B. determines C. is not related to D. falls with
The demand schedule assumes that factors other than price:
A. remain the same. B. must also be in the table. C. remain separate in the table. D. change as price changes.