Which of the following would violate the efficient market hypothesis? a. intel has consistently generated large profits for years. b. prices for stocks before stock splits show, on average, consistently positive abnormal returns. c. investors earn abnormal returns months after a firm announces surprise earnings. d. high-earnings growth stocks fail to generate higher returns for investors than do low earnings growth stocks.

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total

the answers are

a, b, c, & e.

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.