A firm sells a product in a purely competitive market. The marginal cost of the product at the current output of 3,000 units is $6.00. The minimum possible average variable cost is $4.00. The market price of the product is $3.50. To maximize profits or minimize losses, the firm should

River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?

Rich is researching for an economics paper on the history of exchange rates between the us and great britain. the best choice for rich to use is