Which of the following would not be included in the expenditure category called investment expenditures?
A) spending on new houses
B) a purchase of shares of preferred stock
C) a purchase of a copy machine by FedEx Office
D) the cars held in inventory on a local Ford dealer's lot
Answer: B
Economics
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The most profitable output level can be found by looking at which two curves?
a. P and MR. b. MR and MC. c. MC and TC. d. P and AVC. e. AVC and ATC.
Economics
When the court determines that a firm's size alone is sufficient to find that it violated antitrust laws, this criterion is called
a. countervailing power b. economies of scale c. per se d. rule of reason e. natural monopoly
Economics