Few firms in the United States are monopolies because Group of answer choices most firms produce products for which there are no close substitutes. monopolies are technically illegal in the United States. when a firm earns profits, other firms will enter its market. few firms experience economies of scale.

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?