Alice, Bud, and Celia can produce rubber bands in a perfectly competitive market. If
they enter the market, the minimum average total cost for a bundle of rubber bands,
for the three of them is $2, $3, and $4, respectively. If the market price is $2.10 per
bundle, then
A) Alice and Bud will enter the market.
B) Bud and Celia will enter the market.
C) only Alice will enter the market.
D) Alice and Celia will enter the market.
E) all three of them will enter the market.

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent