Most of a typical firm’s financing comes from ______.
a. bond issues
b. stock issues
c. earnings reinvestment
d. mutual fund sales
c. earnings reinvestment
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Arrow suggests that any social choice process should be applicable to any set of preferences for individuals -- because we can't be sure individual preferences are always rational.
Answer the following statement true (T) or false (F)
The derived demand for labor is determined by
A. labor’s wage. B. labor’s marginal revenue. C. the marginal cost of the input labor. D. labor’s marginal revenue product.
When prices on science fiction novels decreased by 5%, the quantity demanded increased by 20%. The price elasticity of demand is
a. 4. b. 20. c. 0.25. d. 5.
A group of firms working together and acting as a supplier of a product is called a cartel. A group of employees working together and acting as a single supplier of labor is called a