A farm is currently producing at point C on this curve. If they decided to move production to any other point on the curve, what would be the MOST LIKELY result.

The farm would make more money since they would produce more apples or oranges.

The farm would face trade offs in production of apples or oranges.

The farm would produce more apples and less oranges.

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.