Modigliani and Miller followed up their initial work with a new model that incorporated a world with corporate taxes. Which of the statements below results from this​ model? A. A new Proposition I with taxes and it​ states: All debt financing is optimal. B. The more debt​ sold, the greater the tax shield and the smaller the​ government's share of the firm. C. A new Proposition II with taxes and it​ states: The WACC of the firm falls as more debt is added. D. All of these

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)