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aalyn [17]
3 years ago
9

In a "firm commitment," the investment banker a. Buys the stock from the company and resells the issue to the public. b. Agrees

to help the firm sell the stock at a favorable price. c. Finds the best marketing arrangement for the investment-banking firm. d. Agrees to help the firm sell the stock at a favorable price and finds the best marketing arrangement for the investment-banking firm.
Business
1 answer:
madam [21]3 years ago
3 0

Answer:

The correct answer is letter "A": Buys the stock from the company and resells the issue to the public.

Explanation:

A "Firm Commitment" or "Bought Deal" is an agreement by which an underwriter assumes all responsibilities for the purchase of securities in an Initial Public Offering (IPO). The underwriter becomes the dealer of those securities and is fully responsible if some securities remain unsold.

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Answer:

Option 1 - the opportunity cost of leisure decreases as wages decrease.

Explanation:

The labour supply curve of any occupation will always be upward sloping because when wages, (the opportunity cost of leisure) rises, the more hours of leisure a staff will relinquish to do more work.  

The opposite of this is true as seen in option 1 of the question.

Opportunity costs will reduce with a consequent reduction in average wages. When fewer people want to retain their employment due to decrease in wage rates, it would lead to a fall in demand for leisure.  

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3 years ago
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Learn more about business here:brainly.com/question/24553900
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How can you make money at 13 years old.​
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You can clean peoples trash cans and recycling bins in you’re neighborhood. I do this and I’m 16. It’s super easy and you make so much, I charge 20 bucks for both bins and sometimes if ppl are nice, they’ll tip u extra ;). This is super creative and shows a lot about you to others in the neighborhood. All there is to it is spraying the hose in the bin with some dish soap, using some disinfectant spray on the inside, and using a fresh center spray in the bin to make it smell good :) people love this!!
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3 years ago
Read 2 more answers
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