Answer:
Explanation:
Authorized shares are the number of shares that a corporation is legally allowed to issue, while outstanding shares have already been issued. Thus, the number of outstanding shares is always equal to or less than the number of authorized shares.
For the answer to the question above, I think the answer is because they want <em><u>"</u></em><u><em> to</em></u><u><em> </em></u><span><u><em>reduce their employment risk; increase the company's value" </em></u>that's why they want to diversify</span>
I hope my answer helped you. Have a nice day!
<span>a. </span>No. Since the good that I am selling
is inelastic considering the elasticity given in and outside Texas, having a
lower price than non-Texan gas stations would have less impact on the quantity
demanded.
<span>b. </span>The profit-maximizing price to
charge a Texan for a car wash would be $12.
<span>c. </span><span>The profit-maximizing price to
charge a Californian for a car wash would be $18. </span>
<span>(See attached for the calculations.)</span>