When viewed as a tangible asset, real estate can be defined as the land and its permanent improvements. Improvements on the land include:

Assume that at the current level of output produced by a perfectly competitive firm, MR = $7.50 and MC = $6. In order to maximize its profit, the firm should increase output

Indicate whether the statement is true or false

What will a U.S. corporation do if it believes that the dollar will continue to appreciate when it changes foreign earnings back into dollars?

What will be an ideal response?