All of the following techniques are used in gathering primary data except
a. observational methods.
b. analysis of financial records.
c. surveys.
d. experimentation.
ANSWER: b
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Consumers are more likely to perceive the value of a product to be less than its cost if:
a. the product's price is set too high. b. the product's manufacturer gains very little profit from the product. c. the product has an inelastic demand. d. the product's demand and supply attain the state of price equilibrium.
Beth is a victim of Carl's violation of a criminal law. Criminal law is concerned with
a. the prosecution of private individuals by other private individuals. b. the prosecution of public officials by private individuals. c. the relief available when a person's rights are violated. d. wrongs committed against the public as a whole.
A drawback of actively managed funds is:
A. the meagre fee that the professional managers of the funds receive. B. that significant tax consequences occur when there is a lot of trading. C. the difficulty in redeeming shares from the fund. D. the uncertainty of recovering at least a portion of the initial investment.
Worldwide Inc, a large conglomerate, has decided to acquire another firm
Analysts are forecasting a period (2 years) of extraordinary growth (20%), followed by another 2 years of unusual growth (10 %), and finally a normal (sustainable) growth rate of 6% annually. If the last dividend was D(0 ) = $1.00 per share and the required rate is 8%, what should the market price be today? A) $93.70 B) $72.76 C) $99.66 D) $98.57 E) $68.87