When Dave in Detroit, MI buys stock in Ford Motor Co., NCO:
A. increases.
B. is unaffected.
C. decreases.
D. is zero.
B. is unaffected.
You might also like to view...
All possible gains from specialization and exchange would be fully exploited only under which market structure?
A) Pure monopoly B) Perfect competition C) Oligopoly D) Structures allowing for price-searching activity E) Structures where entry is restricted
Suppose the market demand for milk is Qd = 150 - 5P. Additionally, suppose that a dairy's variable costs are VC = 2Q2 (where Q is the number of gallons of milk produced each day), its marginal cost is MC = 4Q and there is an avoidable fixed cost of $50 per day. In the long run there is free entry into the market. Suppose the demand for milk doubles. If in the short run the number of firms is fixed and their fixed costs are sunk, what is the short run equilibrium quantity?
A. 100 units B. 200 units C. 50 units D. 60 units
Excess demand of a product exerts __________pressure on prices
a. Zero b. No c. Upward d. Downward
In its most basic form, globalization has existed ever since:
a. the creation of the Internet, which enables people to sell their products overseas. b. the end of World War II. c. the creation of the International Monetary Fund (IMF), which establishes the rules for all countries to follow as they trade. d. the fall of the Berlin wall which marked the end of communism and thus, the beginning of truly "global" times. e. primitive societies began to engage in trade.