Foggy optics, inc. makes laboratory microscopes. setting up each production run costs $ 1. insurance costs, based on the average number of microscopes in the warehouse, amount to $20 per microscope per year. storage costs, based on the maximum number of microscopes in the warehouse, amount to $10 per microscope per year. suppose that the company expects to sell 2000 microscopes at a fairly uniform rate throughout the year. determine the number of production runs that will minimize the overall expenses for the company.

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.