Leverage refers to a firm's
a. output to employment ratio.
b. revenue to cost ratio.
c. debt to equity ratio.
d. common stock to preferred stock ratio.
c. debt to equity ratio.
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If the quantity supplied increases by 8 percent when the price rises by 2 percent, the price elasticity of supply is ________
A) 10.0 B) 6.0 C) 0.25 D) 16.0 E) 4.0
In the above figure, the equilibrium price of a paperback book is $6 per book and the equilibrium quantity is 3 million books. The National Literature Board convinces the government to impose a price ceiling of $3 per book
At this price, the quantity of books supplied to the market will be A) 3 million a month and will equal the quantity demanded. B) less than 3 million a month and will exceed the quantity demanded. C) less than 3 million a month and will be less than the quantity demanded. D) more than 3 million a month and will exceed the quantity demanded.
The median earnings of college graduates are more than 60% greater than that of high school graduates for males ages 25-64
Indicate whether the statement is true or false
State an equation for the two main uses of disposable income
What will be an ideal response?