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Do I need to buy CORPORATE FINANCE-W/ACCESS CUSTOM | 16th Edition to pass the class?

ISBN: 9781323093269

CORPORATE FINANCE-W/ACCESS CUSTOM | 16th Edition - Solutions by Chapter

Do I need to buy this book?
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74% of students who have bought this book said that they did not need the hard copy to pass the class. Were they right? Add what you think:

CORPORATE FINANCE-W/ACCESS CUSTOM 16th Edition Student Assesment

Sharonda from Pennsylvania State University said

"If I knew then what I knew now I would not have bought the book. It was over priced and My professor only used it a few times."

Edition: 16
Author: EAKINS
ISBN: 9781323093269

The full step-by-step solution to problem in CORPORATE FINANCE-W/ACCESS CUSTOM were answered by , our top Business solution expert on 11/06/18, 07:54PM. This textbook survival guide was created for the textbook: CORPORATE FINANCE-W/ACCESS CUSTOM, edition: 16. Since problems from 0 chapters in CORPORATE FINANCE-W/ACCESS CUSTOM have been answered, more than 200 students have viewed full step-by-step answer. This expansive textbook survival guide covers the following chapters: 0. CORPORATE FINANCE-W/ACCESS CUSTOM was written by and is associated to the ISBN: 9781323093269.

Key Business Terms and definitions covered in this textbook
  • average fixed cost

    fixed cost divided by the quantity of output

  • competitive market

    a market with many buyers and sellers trading identical products so that each buyer and seller is a price taker

  • consumer surplus

    the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it

  • dominant strategy

    a strategy that is best for a player in a game regardless of the strategies chosen by the other players

  • efficiency

    the property of society getting the most it can from its scarce resources

  • efficiency wages

    above-equilibrium wages paid by firms to increase worker productivity

  • externality

    the uncompensated impact of one person’s actions on the well-being of a bystander

  • fiat money

    money without intrinsic value that is used as money because of government decree

  • fixed costs

    costs that do not vary with the quantity of output produced

  • frictional unemployment

    unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills

  • income elasticity of demand

    a measure of how much the quantity demanded of a good responds to a change in consumers’ income, computed as the percentage change in quantity demanded divided by the percentage change in income

  • internalizing the externality

    altering incentives so that people take account of the external effects of their actions

  • law of demand

    the claim that, other things being equal, the quantity demanded of a good falls when the price of the good rises

  • monetary neutrality

    the proposition that changes in the money supply do not affect real variables

  • Nash equilibrium

    a situation in which economic actors interacting with one another each choose their best strategy given the strategies that all the other actors have chosen

  • regressive tax

    a tax for which highincome taxpayers pay a smaller fraction of their income than do low-income taxpayers

  • reserve requirements

    regulations on the minimum amount of reserves that banks must hold against deposits

  • signaling

    an action taken by an informed party to reveal private information to an uninformed party

  • total revenue (in a market)

    the amount paid by buyers and received by sellers of a good, computed as the price of the good times the quantity sold

  • vertical equity

    the idea that taxpayers with a greater ability to pay taxes should pay larger amounts