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Why Do Firms Still Pay Dividends,despite Their Tax Disadvantage

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Essay

Why do firms still pay dividends,despite their tax disadvantage?

Differentiate between pure competition and other basic market structures in terms of characteristics and outcomes.
Recognize and provide examples of the four different market structures.
Understand the defining characteristics of pure competition.
Evaluate the types of products produced in different market structures and their levels of similarity or differentiation.

Definitions:

Sum

The result of adding two or more numbers or quantities together, totaling their combined value.

Min Function

A computing function that returns the smallest value in a given set of numbers or arguments.

Page Layout View

A display mode in word processors and spreadsheet applications that shows the document as it would appear when printed.

Normal View

The default viewing mode in many software applications, such as Microsoft Word or PowerPoint, showing the document or workspace without additional formatting or layout views.

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