There are 1 unit of consumers. There are 1 unit of firms. There are three goods: good 0, good 1, good 2. Good 0 is an inconsumable input whereas good 1 and 2 are consumable outputs. Each firms has access to two production functions f1 and f2. F1(z1) = 2z1 turns z1 units of good 0 into 2z1 units of good 1. F2(z2) = 2z2 turns z2 units of good 0 into 2z2 units of good 2. Find the competitive equilibrium consumption levels.

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.