A tech company loses a high-profile patent-infringement case against its top competitor. Which of the following is true?
a. Demand for the company's stock decreases, while the price of a share falls.
b. Demand for the company's stock decreases, while the price of a share rises.
c. Supply of the company's stock decreases, while the price of a share falls.
d. Supply of the company's stock decreases, while the price of a share falls.
a
You might also like to view...
When the maximizing actions of two economic agents are not aligned, these agents face a(n):
A) coordination problem. B) incentive problem. C) correspondence problem. D) objective problem.
Which of the following is the source of revenue for Medicare and Social Security in the United States?
A) individual income taxes B) social insurance taxes C) sales taxes D) property taxes
Which of the following is an argument made in support of tariffs and import quotas?
a. protecting infant industries b. promoting national defense c. preventing product dumping d. all of the above
All of the following observations concerning the elasticity formula are true except
a. the changes with which it deals is measured as a percentage change. b. each of the percentage changes is calculated in terms of the average values. c. the calculation considers both positive and negative signs. d. each percentage change is taken as an "absolute value."