Alpha Corporation has a price of $5 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, and a dividend yield of 2 percent. It has a price-earnings ratio which is
a. high, perhaps indicating that people expect future earnings to rise.
b. high, perhaps indicating that people expect future earnings to fall.
c. low, perhaps indicating that people expect future earnings to rise.
d. low, perhaps indicating that people expect future earnings to fall.
d
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The women's labor force participation rate is
A) higher in Japan than in the United States. B) higher in the United States than in France. C) higher in Italy than in the United States. D) higher in Spain than in Iceland. E) higher in the United States than in Iceland or Norway.
If there are strong economies of scale and scope, then society
a. will not be able to prevent overt collusion. b. will benefit from establishing a cartel. c. cannot benefit from regulation of a natural monopoly. d. will not be able to preserve free competition.