The monopolist, unlike the perfectly competitive firm, can continue to earn an economic profit in the long run because of: Group of answer choices collusive
a. agreements with competitors.
b. price leadership. cartels.
c. a dominant firm.
d. extremely high barriers to entry.

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Identify the three components of a family's culture and provide one example from your own experience