To finance a capital expenditure a firm can
A. engage in monetary policy.
B. sell stock in the company.
C. buy bonds.
D. all of the above
Answer: B
Economics
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Which of the following conditions is true for a purely competitive firm in long-run equilibrium?
A. P > MC = minimum ATC. B. P > MC > minimum ATC. C. P = MC = minimum ATC. D. P < MC < minimum ATC.
Economics
When the price of a textbook is $100, 60 copies are demanded; and when the price of that textbook goes up to $120, 30 copies are demanded. In the price range between $100 and $120, the demand for the textbook is
A) elastic. B) inelastic. C) unit elastic. D) perfectly elastic.
Economics