If at the MC = MR output, AVC exceeds price,

A) new firms will enter this industry.
B) the firm should produce the MC = MR output and realize an economic profit.
C) some firms should shut down in the short run.
D) the firm should expand its plant.

Which of the following would not be reported on the financial statements?

A) sales discount taken
B) trade receivables
C) trade discounts
D) sales discounts not taken

_____ is the study of overseeing activities and supervising people in organizations.

A) Psychology
B) Medicine
C) Engineering
D) Management

All else the same, an increase in a firm's dividend payout ratio will decrease its internal growth rate.