The value of a corporation typically rises when stockholders allow the corporation to reinvest its profit rather than pay out dividends

Suppose that in a perfectly competitive market, firms are making an economic profit. In the long run, we know for sure that

a. some firms will leave the market b. the market price will rise c. the market supply curve will shift to the left d. economic profit will become zero e. production will be less than short-run production

Refer to the information provided in Table 8.1 below to answer the question(s) that follow.   Table 8.1  Refer to Table 8.1. Assume that the relevant time period is the short run. Assuming the price of labor (L) is $5 per unit and the price of capital (K) is $10 per unit, the average variable cost of producing two units of output is

A. $20. B. $40. C. $90. D. $100.