Who is the seller in a primary market and who is the seller in a secondary market?
What will be an ideal response?
The corporation issuing a bond or a stock is the seller in a primary market, while anyone who holds a stock or bond can sell in the secondary market.
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If Jason's fixed cost totals $800 with variable cost per unit of $10 at a quantity of 80 units, what would his average total cost at 80 units of output equal?
a. $10 b. $18 c. $20 d. $810
If expected inflation were 5%, and the real interest rate was 3%, what sector would be worse off if the actual inflation rate turned out to be 2%
a. Businesses. b. Laborers. c. Both. d. None.
Refer to the accompanying figure. Growing 1,000 bushels of wheat and no bushels of corn each year is:
A. efficient and attainable. B. inefficient but attainable. C. inefficient and unattainable. D. efficient but unattainable.
When DVDs and hamburgers were the same price, Mavis consumed 3 hamburgers and 5 DVDs, and Mavis received 10 utils from the last hamburger and 15 utils from the last DVD consumed. What should be Mavis' consumption strategy?
A) consume more DVDs and fewer burgers B) consume more burgers and fewer DVDs C) consume more of both items D) consume less of both items