Managers can increase firm profits by:
A) increasing revenue only.
B) decreasing costs only.
C) increasing revenue and decreasing costs.
D) none of the above.
C
Economics
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Which of the following is part of the market structure for monopolistic competition?
A) barriers to entry B) a large number of firms compete C) each firm produces a differentiated product D) Both answers B and C are correct.
Economics
If a corporate bond with face value of $8,000 has an interest rate of 4 percent paid once a year for a term of 30 years, what is the size of the coupon payment?
A) $320 B) $2,000 C) $8,000 D) $9,600
Economics