Government is mainly concerned with all of the following roles EXCEPT
a. making a profit.
b. regulating utilities.
c. hiring public employees.
d. providing services to citizens.
Answer: a. making a profit.
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In comparing the constant-growth model and the capital asset pricing model (CAPM) to calculate the cost of common stock equity, ________
A) the CAPM ignores risk, while the constant-growth model directly considers risk as reflected in the beta B) the CAPM directly considers risk as reflected in the beta, while the constant-growth model uses the market price as a reflection of the expected risk-return preference of investors C) the CAPM directly considers risk as reflected in the beta, while the constant growth model uses dividend expectations as a reflection of risk D) the CAPM indirectly considers risk as reflected in the market return, while the constant growth model uses dividend expectations as a reflection of risk
Why can't United and Delta Airlines lower their costs to match those of Southwest?
What will be an ideal response?