The size of a corporation, as measured by stockholders' equity, depends primarily upon
A) current net revenue.
B) people's expectations of future earnings.
C) the amount of capital invested in the corporation.
D) total sales (in dollar terms).
B
Economics
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Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 workers the firm produces 90 units of output. Fixed costs of production are $6 and the variable cost per unit of labor is $10 . The marginal product of the seventh unit of labor is 4 . Given this information, what is the marginal cost of production when the firm hires the 7th
worker? a. $1.50 b. $2.50 c. $5 d. $10
Economics
Asset price inflation occurs when the prices of assets rise.
Answer the following statement true (T) or false (F)
Economics