A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500 of the shares at $20 . What is the amount of revenue realized from the sale?

Conscious parallelism is seen when ________

A) parties at different levels enter into an agreement to adhere to a price schedule that stabilizes prices B) one party makes an independent choice not to deal with another C) two or more firms act the same but no concerted action is shown D) a party's anticompetitive effects outweigh their procompetitive effects

The first unit of production takes 12 hours to produce and the learning rate is expected to be 80 percent. How long will it take to produce the sixth unit?

A) less than or equal to 6.0 hours B) greater than 6.0 hours but less than or equal to 7.7 hours C) greater than 7.7 but less than or equal to 9.5 hours D) greater than 8.0 hours