if tobin q is greater than one , then the stock market value installed capital at more tha its cost to replace. this creates an incentive to invest, because managers can raise the market value of the firms stock by selling more capital true or false

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter9: The Financial Markets And The Economy: The Tail That Wags The Dog
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if tobin q is greater than one , then the stock market value installed capital at more tha its cost to replace. this creates an incentive to invest, because managers can raise the market value of the firms stock by selling more capital true or false 

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