Which of the following will decrease the price needed to break even?
a. A decrease in overall fixed but avoidable costs
b. A decrease in the marginal costs
c. An increase in sunk costs
d. Both A&B
d
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Owners of a corporation share in the profits of the firm
A) through dividend payments on shares of that firm's stock. B) by raising the interest rate on bonds. C) through coupon payments on that firm's bonds. D) by selling any bonds or stocks owned and realizing a capital gain.
A demand schedule shows
a. the "market potential" for a product. b. how much consumers are willing and able to buy at different prices. c. possible combinations of output under different conditions. d. how much producers would like to sell at different prices. e. All of the above are correct.
Any item that people can use to transfer purchasing power from the present to the future is called
a. a medium of exchange. b. a unit of account. c. a store of value. d. None of the above is correct.
Which of the following organizations is exempt from prosecution under the Sherman Antitrust Act (1890)?
A. television stations B. labor unions C. book publishers D. retailers