If the market value of a firm is $6 billion and Tobin's q is equal to 2, then the replacement cost of installed capital must be ________
A) $2 billion
B) $3 billion
C) $9 billion
D) $18 billion
B
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Discuss reasons why we see trade restrictions. Are any of these reasons valid?
What will be an ideal response?
Use a figure below to describe the four zones of economic discomfort
What will be an ideal response?
If inventory stocks are low and firms have enough capital and labor to support an output increase,
A. monetary and fiscal policy will be very effective. B. neither monetary nor fiscal policy will be effective. C. fiscal policy will be effective, but monetary policy will be ineffective. D. monetary policy will be effective, but fiscal policy will be ineffective.
In the above figure, if a single-price monopolist charges the profit-maximizing price, the triangle dce represents
A) consumer surplus. B) producer surplus. C) deadweight loss. D) marginal revenue.