When firms' earnings fluctuate, they tend to adjust their payout policy by . A. allowing dividends to fluctuate while holding share repurchases relatively steady B. stop paying dividends and repurchasing shares C. adjusted both dividends and share repurchases so the total payout as a percentage of earnings remains relatively steady D. allowing share repurchases to fluctuate while holding dividends relatively steady

Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (no less then 25 words)

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Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces