A high-ranking corporate official of a well-known company is unexpectedly sentenced to prison for criminal activity in trading stocks. This should
a. raise the price and raise the present value of the corporation's stock.
b. raise the price and lower the present value of the corporation's stock.
c. lower the price and raise the present value of the corporation's stock.
d. lower the price and lower the present value of the corporation's stock.
d
You might also like to view...
Which of the following goods is rival in consumption and is also excludable?
A) A fireworks display B) A movie shown on cable television C) A DVD D) A magic show in a public park.
Tudor's Deli and Catering could have sold their delivery van on December 31, 2010 for $16,000. If they could sell the same van on December 31, 2011, for $13,000, then the economic depreciation in 2011 for this van
A) is $13,000. B) is $16,000. C) is $29,000. D) is $3,000.
Refer to the above supply and demand graph. In the graph, point A is the current equilibrium level of output of this product and point B is the optimal level of output from society's perspective. S is the supply curve without a tax and St is the supply curve with a tax. The external cost to society from the production of each unit of this product is measured by:
A. AB. B. EF. C. FG. D. DE.
Consumption expenditures consists of
A) Purchases of food. B) Purchases of automobiles. C) Purchases of airline tickets. D) All of the above.