Bonds generally

A) are insured.
B) have more risk than stock.
C) have less risk than stock.
D) have no value on secondary markets.


C

Economics

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Eliminating frictional unemployment would be good for the economy

Indicate whether the statement is true or false

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Total revenues

A) are defined as the quantity sold divided by price. B) are not the same as total receipts from the sale of output. C) equal gross revenues minus all expenses of the firm. D) equal the price per unit times the total quantity sold.

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Use the above table. The income elasticity of artisan bread is

A) 1.285. B) 0.780. C) 0.012. D) 8.330.

Economics

"Value pricing" stresses the importance of product differentiation

Indicate whether the statement is true or false

Economics