Companies that do not include environmental costs into the cost of production
a. Have an advantage over those companies that do so
b. May face serious problems in the long run
c. Are conscientious corporate citizens
d. Are likely to have high production costs
b. May face serious problems in the long run
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Which of the following hotel customers has the most inelastic demand slope?
a. Business travelers in high season. b. Business travelers in low season. c. Tourists in high season. d. Tourists in low season. e. All groups have equivalent demand curves.
The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of those factors?
A) the financial condition, earnings record, and dividend record of the corporation B) investor expectations of the corporation's earning power C) how high the par value D) general business and economic conditions and prospects
What actions can the SEC take against a violator of the Securities Exchange Act of 1934?
A) It may seek injunctions in Federal District Court. B) It may enter into consent orders with defendants. C) It may seek a court order requiring defendants to disgorge illegal profits. D) It may seek civil penalties up to three times the illegal profits from insider trading. E) All of the above
While the covariance between stocks can take on a negative value, a correlation coefficient must be positive, or at a minimum, zero
Indicate whether the statement is true or false.