Public companies ________ and private companies ________
A) sell stock in financial markets; also sell stock in financial markets
B) sell stock in financial markets; do not sell stock in financial markets
C) do not sell stock in financial markets; sell stock in financial markets
D) do not sell stock in financial markets; also do not sell stock in financial markets
B
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Antitrust laws attempt to promote competition by controlling
a. market structure only b. market conduct only c. market structure and performance d. market structure and conduct e. market structure, conduct, and performance
Output for a simple production process is given by Q = KL, where K denotes capital and L denotes labor. The price of labor is $10 per unit and the price of capital is $2 per unit.Suppose at the current level of production the firm is minimizing costs and the marginal product of labor is 10. Given this you know that the marginal product of capital must be
A. 5. B. 10. C. 2. D. It is impossible to say with the information given