Retained earnings are the same thing as “plowback.”
Answer the following statement true (T) or false (F)
True
You might also like to view...
If a perfectly competitive firm achieves productive efficiency then
A) it is producing at minimum efficient scale. B) it will raise its price in order to earn an economic profit. C) it is producing the good it sells at the lowest possible cost. D) the price of the good it sells is equal to the benefit consumers receive from consuming the last unit of the good sold.
Which of the following is not a difference between monopolies and perfectly competitive markets?
a. Monopolies can earn profits in the long run while perfectly competitive firms break even. b. Monopolies charge a price higher than marginal cost while perfectly competitive firms charge a price equal to marginal cost. c. Monopolies choose to produce the quantity at which marginal revenue equals marginal cost while perfectly competitive firms do not. d. Monopolies face downward sloping demand curves while perfectly competitive firms face horizontal demand curves.
According to U.S. antitrust enforcement guidelines, a merger is likely to be challenged if
A) the HHI decreases after the merger. B) the industry after the merger has an HHI above 1,800 and the HHI rises by more than 100. C) the industry after the merger has an HHI above 1,800 and the HHI falls by more than 100. D) the industry after the merger has an HHI above 1,000 and the HHI rises by more than 10.
Over-extraction of a resource in the present can occur because:
A. There is a user cost B. There is an extraction cost C. Users can benefit from conservation D. Property rights are not clearly defined