Diminishing marginal returns occur when the marginal product of an additional worker is
The probability that the price of a stock increases is 0.30. The price of the stock will either increase or decrease each day independently of what happened on the previous day. An experiment consists of observing the price of this stock during a 30-day period. What are the expected value and the variance of the number of days that the stock price increases?
A company has 50,000 stock options outstanding at year-end each convertible into a share of common stock. The exercise price is $30 and the average price of the stock for the year has been $40.
The effect on the calculation of diluted earnings per share would be
If the intersection of aggregate demand and short-run aggregate supply is to the left of long-run aggregate supply, and there is no shift in aggregate demand, in the long run the resource prices will
_ _____ and short-run aggregate supply will ______.
Slalom Brothers finances the purchase of $125,000,000 par value of a bond with a repurchase agreement. Bank of New York is the lending party in the repurchase agreement. Bank of New York agrees to purchase $125,000,000 par value of the bond at $124,531,250 from Slalom Brothers with a commitment to sell the same bonds back to Slalom Brothers for $124,545,952 one day later. What is the repurchase rate for this one-day loan?
