In the Gordon Growth Model, the growth rate is assumed to be ________ the required return on equity

If inflation is eight percent, a nominal interest rate of six percent translates into a real interest rate of two percent

Indicate whether the statement is true or false

A firm sells 1000 units per week. It charges $70 per unit, the average variable costs are $25, and the average costs are $65 . At what price would the firm consider shutting down in the short run?

a. $10 b. $25 c. $65 d. $70