Refer to the above figure. Excess quantity supplied will exist when
A) the price is between $0 and $6.
B) the price equals $6.
C) the price equals $10.
D) quantity demanded equals 15.
C
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A company's capital structure is made up of 40% debt and 60% common equity (both at market values). The interest rate on bonds similar to those issued by the company is 8%. The cost of equity is estimated to be 15%. The income tax rate is 40%
The company's weighted cost of capital is A) 11.5%. B) 12.2%. C) 10.9%. D) 8.9%.
Since 2000, developing countries received large net capital inflows in the form of
A. official loans from foreign governments and the International Monetary Fund (IMF). B. debt service. C. foreign direct investments. D. short-term lending.
Economists have determined that there are four factors that seem to strongly affect a nation's rate of economic development. Which is NOT one of these four factors?
A. limiting the extent to which the government imposes trade barriers B. establishing a system of property rights C. supporting current industries and the jobs they provide instead of adopting new technology that brings disruptive social changes D. developing an educated population
For a monopoly to be ________, the firm must realize economies of scale at a scale that is close to total demand in the market.
A. a natural monopoly B. unregulated C. granted patents D. profitable