Aresearcher wants to investigate whether there is a linear relationship between annual company profit ($) and median annual salary paid by the company ($). the researcher collects data on a random sample of companies and after analyzing the data finds the p-value to be 0.56. which of the following is an appropriate conclusion based on this p-value? a. there is not convincing evidence of a linear relationship between annual company profit ($) and median annual salary paid by the company ($).b. there is no linear relationship between annual company profit ($) and median annual salary paid by the company ($).c there is a linear relationship between annual company profit ($) and median annual salary paid by the company ($), and the corresponding value of the correlation coefficient is r = 0.56.d. there is a 56% chance that there is no linear relationship between annual company profit ($) and median annual salary paid by the company ($).

Which of the following statements is correct? a) one drawback of forming a corporation is that it generally subjects the firm to additional regulationsb) one drawback of forming a corporation is that it subjects the firms investors to increased personal liabilitiesc) one drawback of forming a corporation is that it makes it more difficult for the firm to raise capitald) one advantage of forming a corporation is that it subjects the firm's investors to fewer taxese) one disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests

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.]

Why should managers invest any excess cash