In the short run, a competitive firm has a marginal product of labor, MPL = 5L-0.5. The output price is $10 per unit and the wage is $7 per hour. The short-run labor demand curve for the firm is
A) 5L-0.5.
B) 15L-0.5.
C) 35L-0.5.
D) 50L-0.5.
D
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Bonds generally
A) are insured. B) have more risk than stock. C) have less risk than stock. D) have no value on secondary markets.
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a. True b. False Indicate whether the statement is true or false