Refer to Table 17-4. What are the quantity of labor and marginal revenue product of labor that will maximize the profit Apple would earn from selling iPods?

If the prices of financial assets follow a random walk, then

A) they should be easy to forecast, provided market participants have rational expectations. B) they should be easy to forecast, provided market participants have adaptive expectations. C) the change in price from one trading period to the next is not predictable. D) major traders in the market must not be making use of all available information about the assets.

Referring to timely delivery, what does "speed" refer to?

a. How fast the trucks get from one destination to the other b. It is the acronym for self-programmed electronic equation delineator c. The length of the order cycle d. The rapidity of the operation e. All of the above