A dividend is the
A. corporation’s periodic payments to bondholders.
B. the monthly compensation to the corporation’s board of directors.
C. a payment of some of the corporation’s profits to its stockholders.
D. a payment made to banks and other sources of funding for the corporation.
Answer: C
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When negative network externalities are present
A) the demand curve is more elastic than otherwise. B) the demand curve is less elastic than otherwise. C) the demand curve shifts to the right. D) the demand curve shifts to the left.
What concept implies that a firm's marginal revenue product curve for labor will slope downward in the short run?
a. diminishing marginal returns b. the law of supply c. the law of decreasing cost d. the price equalization principle
If rent-seeking behavior does occur, then the deadweight loss from monopoly practices is smaller than it otherwise would be
Indicate whether the statement is true or false
Provide a concise statement on the relationship between the debt crisis and:
(a) foreign direct investment, (b) trade liberalization, (c) absolute poverty, and (d) investment levels.