Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% coupon rate with semiannual payments, and a par value of $1,000. The interest rate is 5.00%, based on semiannual compounding. What is the bond's price

Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages. true or false?

The distinction between a normal and an inferior good is

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real