Barbara purchases only two goods, salads, and notepads. Both are normal goods for Barbara. Suppose the price of salad decreases. Barbara’s consumption of notepads will most likely:.a. be unchanged as the two goods are not substitutes. b. increase due to the substitution effect. c. decrease since she will spend more of her budget on saladsd. increase due to the income effect.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:

Double corporation acquired all of the common stock of simple company for