Because of its excess funds, green moose is thinking about raising its dividend payout ratio to satisfy shareholders. what percentage of its earnings can green moose pay to shareholders without needing to raise any external capital? (hint: what can green moose increase its dividend payout ratio to before the afn becomes positive? )

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.