Examlex
A cash dividend does not reduce a corporation's assets or equity,while a share dividend reduces both.
Fixed Costs
Costs that do not vary with the level of output or sales, such as rent, salaries, or insurance premiums.
Profit-Minimizing
A situation in which a business aims to reduce its profits to minimize taxes or for strategic reasons, contrary to typical profit-maximizing objectives.
Economic Profits
Economic Profits are the profit made by a company after deducting both explicit and implicit costs, representing the true profitability of the company.
Long Run
a period in which all factors of production and costs are variable, allowing firms to adjust all inputs.
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