How often should a firm address 'social responsibility'?

A) never.
B) all the time.
C) once a year.
D) over the long-run.


A

Economics

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Suppose Always There Wireless serves 100 high-demand wireless consumers, who each have a monthly demand curve for wireless minutes of QdH = 200 - 100P, and 300 low-demand consumers, who each have a monthly demand curve for wireless minutes of QdL = 100 - 100P, where P is the per-minute price in dollars. The marginal cost is $0.25 per minute. Suppose Always There Wireless charges $0.25 per minute. What are Always There Wireless's total profits?

A. $3,750 B. $11,250 C. $61,250 D. $400

Economics

Any increase in efficiency increases only profits of producers, with no increase in output.

Answer the following statement true (T) or false (F)

Economics

The federal income tax is progressive because the tax rates increase at higher income levels

a. True b. False Indicate whether the statement is true or false

Economics

A stock is purchased either for the expected gain in the price of the stock, for the dividends that the stock may pay, or both

Indicate whether the statement is true or false

Economics