JR Electronics hurries to sell off their tablet computers by offering a spring sale. Which of the following most likely caused this to happen?
a. The company expects the technology for producing tablet computers to become obsolete.
b. The company expects the price of tablet computers to plummet.
c. The company expects the price of tablet computers to soar.
d. The company expects the technology for producing tablet computers to improve.
b. The company expects the price of tablet computers to plummet.
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The rights of an owner to use and exchange property are
A) capitalist rights. B) socialist rights. C) property rights. D) money rights.
If you look at the financial page listings for futures contracts and find that futures prices on Treasury bonds are falling over a particular time period, futures market investors must expect that
A) Treasury bond prices will be higher in the future. B) Treasury bond yields will be higher in the future. C) Treasury bond yields will be lower in the future. D) futures prices will rise again at the end of the period.
The Fed's open market operations involve
a. buying and selling of government bonds b. changes of the discount rate c. setting the required reserve ratio d. buying and selling corporate bonds e. a policy of last resort used to avert a financial crisis
For a monopsonist, the marginal labor cost is always
a. equal to the wage rate b. less than the wage rate c. greater than the wage rate d. the same as the labor supply e. the same as the labor demand