10. identical wages which of the following is required for all workers to earn identical wages in the long run? check all that apply. workers can move from one labor market to another at zero cost. all jobs require the performance of similar types of tasks. workers cannot have a college degree. all workers have equal ability and can be trained to do different types of employment at minimum cost.

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.