Stockholders receive returns on their financial investment in the form of ________ and ________.
A. coupon payments; capital gains
B. interest payments; dividends
C. capital gains; interest payments
D. capital gains; dividends
Answer: D
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When Joe maximizes utility, he finds that his MRS of X for Y is greater than Px/Py. It is most likely that:
A) Joe's preferences are incomplete. B) Joe's preferences are irrational. C) Joe is not consuming good X. D) Joe is not consuming good Y.
The budget constraint illustrates all of the combinations of goods and services that the consumer can afford
a. True b. False Indicate whether the statement is true or false
Select the graph above that best shows the change in the market specified in the following situation: In the market for leather coats, when leather coats become more fashionable among young consumers.
Graph A Graph B Graph C Graph D
Table 14.2Table 14.2 represents 3 markets for used guitars. Which of the markets in Table 14.2 are in equilibrium?
A. 1 only B. 2 only C. 3 only D. 2 and 3