A firm is most likely to have a value of Tobin’s q that exceeds 1 if
a) it is privately held
b) it consistently allows depreciation to erode its stock of physical capital
c) it holds numerous copyrights
d) its optimal capital stock exceeds its actual capital stock
e) its gross investment exceeds its net investment
c) it holds numerous copyrights
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Which of the following is the best example of tacit collusion?
A) The formation of a cartel. B) Price leadership. C) Predatory pricing. D) Noncooperative pricing behavior.
List the three alternative explanations for the upward slope of the short run aggregate supply curve
Explain how and why economists might hold different opinions about using a national sales tax.
What will be an ideal response?
Describe briefly how the final value of an iPhone which costs $700 must be equal to the sum of incomes generated by the production of the iPhone
What will be an ideal response?