Universe co. issued 500,000 shares of common stock in the current year. universe declared a 30o/o stockdividend. the market value was $50 per share, the par value was $10, and the average issue price was $30per share. by what amount will universe decrease stockholders' equity for the dividend? a. $0b. $1,500,000 c. $4,500,000 d. $7,500 ,000

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.