If a minimum wage is introduced that is above the equilibrium wage rate, a. unemployment decreases because more workers accept jobs at the higher minimum wage b. the quantity of labor demanded increases c. the supply of labor increases and the supply of labor curve shifts rightward d. job-search activity increases

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?