The abnormal net income model defines the market value of a firm
A) is its book value minus the present value of expected economic profits.
B) is its book value plus the present value of expected economic profits.
C) is its book value divided by the present value of expected economic profits.
D) is its book value multiplied by the present value of expected economic profits.
B
Economics
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Examples of incentive pay include
a. commission sales b. providing onsite parking for employees c. cleaning the worksite with weekly janitorial service d. offering a certain number of sick days
Economics
If the substitution effect is always greater than the income effect, then an individual's labor supply curve will
a. bend backward b. always have a positive slope c. always have a negative slope d. be vertical e. be horizontal
Economics