Supply curve shows when quantity increases the price also increases and vice versa
Answer:
job B
Explanation:
.05*50000=2500 and he gets 1000 so his total would be 3500
Answer: b) Loss of $7,500,000.
Explanation:
The total the investment bank paid when underwriting was:
= 10.50 * 10,000,000 shares
= $105,000,000
The total they then sell to the public is:
= 9.75 * 10,000,000
= $97,500,000
The profit is:
= Selling revenue from public - Buying cost from company
= 97,500,000 - 105,000,000
= -$7,500,000
Answer:
i think the answer is true
Explanation:
