The following questions should be answered individually in essay format. Each answer to a question needs to be 1-2 pages each, double spaced, Times New Roman, 12pt. font. All sources should be cited. The timeframe is 24 hours to receive the answer to all questions. The questions are as follows:
1. Why might it be good for members of a corporation’s board of directors to own the firm’s stock?
2. What happens to a monopoly’s revenue when it sells more units of its product?
3. What is “human capital,” and how does human capital affect labor productivity and economic growth?