The Sarbanes-Oxley Act of 2002 requires that management of publicly traded companies:

compensate managers with fixed compensation plans only.
eliminate stock options for managerial compensation.
use investment centers to evaluate top managers.
report on the adequacy of the company's internal controls over financial reporting.

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.