The dividend policy of a firm may be influenced by all of the following except: a. the fact that there may not be enough cash on hand. b. the fact that bondholder covenants can place constraints on dividend policy. c. the fact that loans are a typical resource for paying dividends. d. the fact that firms cannot pay out cash dividends from their legal capital.

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.