Which of the following factors would be considered by a technical analyst when predicting a firm's stock price?
a. the strategies adopted by the current management of a firm
b. the strategies adopted by the firm's competitors
c. the typical behavior of other investors
d. the possibility of new trade policies that will open new markets for the firm
e. the threat of a major lawsuit against the firm
C
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When the goods of competing companies are identical, consumers have no reason to prefer one product over the other so the demand curve for each manufacturer will be perfectly elastic
a. True b. False Indicate whether the statement is true or false
A “single tax” on land was proposed in the nineteenth century by
A. Lloyd George. B. Henry George. C. George Washington. D. George Sands.
Nominal GDP is the
A. Value of final output produced, measured in current prices. B. Value of final output produced, adjusted for changing prices. C. Price index that refers to all goods and services included in GDP. D. Value of final output produced using American-owned factors of production.
If 1 U.S. dollar exchanges for 8.97 pesos, how much would it cost in pesos to purchase a Big Mac priced at $2.75?
What will be an ideal response?