Several firms are operating in a market where they take the other firms' response to their actions into account. This market is:
A. a monopolistically competitive market.
B. an oligopolistic market.
C. a competitive market.
D. a monopoly.
Answer: B
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Opportunity cost is the combined value of all of the other alternatives that go unselected.
Answer the following statement true (T) or false (F)
All of the following represent differences between stocks and bonds except
A) the future growth of a stock is more uncertain than the payments of a bond. B) differences of opinion about a stock's future may vary considerably but there is less difference about a bond's future. C) bonds represent partial ownership in a firm but stocks do not. D) a stock can possibly pay dividends forever, but bonds have a fixed number of payments.
Securitization is
A) the process of combining many different debt instruments like home mortgages into a pool of hundreds of thousands of individual contracts and then selling new financial instruments. B) the process of securing loans at the bank. C) the process of combining assets and debt into a pool of individual contracts and then selling new financial instruments. D) the process that FDIC uses to insure.
What is bank insolvancy?