Modigliani and Miller's Proposition I states that: A. the market value of any firm is independent of its capital structure. B. the market value of a firm's debt is independent of its capital structure. C. the market value of a firm's common stock is independent of its capital structure. D. None of the options are correct.

Suppose for a consumer the marginal utility (mu) of bread is 20 utils and the mu of milk is 10 utils; the price of bread is $3 and the price of milk is $1. given this, a. more utility per dollar is gained from consuming bread than milk. b. more utility per dollar is gained from consuming milk than bread. c. the same amount of utility per dollar is gained from consuming milk as bread. d. the consumer is in consumer equilibrium.