Rule 144 limits the resale of two types of securities issued by public companies. A(n) is any stock purchased from the issuer in a(n) . If the is private, these securities cannot be sold for . Once the company goes public, this holding period shrinks to six months from the date of purchase. After the holding period closes, these securities may be sold freely unless they are also , which are stocks held by a shareholder who owns of a class of stock or by of a company. Additional restrictions apply during and after the holding period for these securities.

Corporations with suppliers, vendors, and customers all over the globe are referred to as : a) global corporations b) international corporations c) multinational corporations d) multicultural corporations

Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a. what is the firm’s labor demand function? b. if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c. now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?