Which legal claim comes with the most preferential treatment in the payment of dividends?
A) common stock
B) preferred stock
C) bond
D) reinvestment
B
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Explain the supply and demand of products, factors of production, and the payments for the products and factors of production as described in the circular flow diagram
What will be an ideal response?
Joe runs a business and needs to decide how many hours to stay open. Figure 2.2 illustrates his marginal benefit of staying open for each additional hour. Suppose that we observe Joe staying open 6 hours per day
If he is following the marginal principle, what must his marginal cost per hour be? A) $16 B) $24 C) $32 D) $48
An international division of labor will have no effect on total world output because resources are limited
Indicate whether the statement is true or false
The primary claim of defenders of advertising is that it
a. conveys information about firm profitability. b. is psychological rather than informational. c. enhances the information available to consumers. d. reduces the elasticity of demand for a firm's product.