Banks can lower their liquidity risk by having more __________ on their balance sheet

For a perfectly competitive firm, profit is maximized at the output level where i. total revenue exceeds total cost by the largest amount. ii. marginal revenue equals marginal cost. iii. price equals marginal cost

A) i only B) ii only C) ii and iii D) i and ii E) i, ii, and iii

People are willing to invest in human capital because

a. the demand for skilled labor is higher than for unskilled labor. b. it increases the marginal product of their labor. c. firms are willing to pay more for more productive workers. d. All of the above are correct.