For the next two questions, consider a law that says that the price of a bushel of wheat cannot legally go higher than $3.
Which of the following statements is true?
The purpose of this price control is to help sellers (suppliers).
If this price control is binding, quantity supplied will be greater than quantity demanded.
If this price control is binding, a shortage will occur.
The price control will be non-binding if the equilibrium price of wheat is $3.50.

Luis and rosa, citizens of costa rica, moved to the united states in year 1 where they both lived and worked. in year 3, they provided the total support for their four young children (all under the age of 10). two children lived with luis and rosa in the u.s., one child lived with his aunt in mexico, and one child lived with her grandmother in costa rica. none of the children earned any income. all of the children were citizens of costa rica. the child in mexico was a resident of mexico, and the child in costa rica was a resident of costa rica. how many total exemptions (personal exemptions plus exemptions for dependents) may luis and rosa claim on their year 3 joint income tax return? a. 6 b. 5 c. 4 d. 2

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost