If a company pays a dividend of $2 to be received one year from now, dividends are expected to grow at a rate of 3 percent per year for the indefinite future, and the interest rate is 4 percent,
the price of the company's stock should be ________ per share.
A) $3.40 B) $28.57 C) $200.00 D) $340.00
C
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By focusing the customers on the price of a product, you make the demand for the product
a. More elastic b. Less elastic c. Perfectly inelastic d. None of the above
If the marginal benefit were greater than the cost of a good:
A. consumers could increase their utility by buying more. B. consumers could increase their utility by buying less. C. producers should decrease production. D. social net benefit would be maximized.
In terms of economic and social conditions, how do industrially advanced countries and developing countries differ?
What will be an ideal response?
Jane wins $100,000 in a lottery and immediately uses her winnings to open up a donuts shop. Her direct cost is $50,000 . and she puts the remaining money in a savings account earning 10 percent annual interest. Alternatively, Jane could have placed all her lottery winnings in the 10 percent savings account. Jane's total cost of opening up a donuts shop is:
a. $60,000. b. $50,000. c. $160,000. d. $45,000. e. $55,000.