Equity holders are a corporation's ________. That means the corporation must pay all of its debt holders before it pays its equity holders

Suppose the short-run production function is q = 10 ? L. If the wage rate is $10 per unit of labor, then AFC equals

A) 0. B) 1. C) 10/q. D) It cannot be determined from the information provided.

How do current tax laws in the United States favor employer-based health care insurance?

A) Individuals who receive health insurance benefits are allowed to deduct the value of these benefits from their taxable income. B) Employers who provide health insurance benefits are reimbursed by the government and are not taxed on these reimbursements. C) Individuals who receive health insurance benefits do not pay taxes on the value of these benefits. D) Health insurance companies that provide insurance to employers are subject to a lower tax rate than those insurance companies that provide insurance to private individuals.