If the interest rate were 10 percent, how much would people be willing to pay for a stock that was certain to yield a $2 per share stream of net earnings continuously in the future?

Why don't we see firms tie-in the sales of fish filets with the sales of pencils?

A) because the demands for these two goods are positively correlated B) because the demands for these two goods are negatively correlated C) because the demands for these two goods are independent D) It violates the Clean Food Act of 1908.

Producing the socially optimal (efficient) quantity of goods in an economy is consistent with

a. having prices set, for every good, as low as possible b. positive externalities and no government intervention in the economy c. achieving total maximum utility in the economy d. the value of resources used to produce goods is, for each good, less than the value consumers place on the good e. society's opportunity costs being understated