If a share of stock in Skylight Chili sells for $75, the retained earnings per share are $5, and the dividend per share is $2, then the price-earnings ratio is 15
a. True
b. False
Indicate whether the statement is true or false
False
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Refer to Table 4-13. The equations above describe the demand and supply for Aunt Maud's Premium Hand Lotion. The equilibrium price and quantity for Aunt Maud's lotion are $20 and 30 thousand units. What is the value of consumer surplus?
A) $300 thousand B) $450 thousand C) $900 thousand D) $1,500 thousand
A chart of the ratio of national debt to GDP from 1915 to 2014 would show
a. a continuous decline. b. sharp increases from 1945 to 1975. c. significant increases from 1983 to 1994. d. significant decreases from 2003 to 2010.
In the loanable funds market model, the demand curve represents:
a) borrowers. b) taxes. c) savers. d) the budget balance.
A total cost function will start
A. at the origin if there are fixed costs. B. at the origin if there are no fixed costs. C. on the vertical axis if there are no fixed costs. D. on the horizontal axis.