If Walmart issues $250 million in new stock to finance the renovation of their retail stores, this is an example of
A) a stock market transaction. B) indirect finance.
C) a bond market transaction. D) direct finance.
D
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Explain what it means to choose at the margin and illustrate with three choices at the margin that you have made today
What will be an ideal response?
Demand tends to be more elastic when:
A. price is high and more inelastic when price is low. B. price is low and more inelastic when price is high. C. demand is perfectly inelastic. D. the quantity demanded is larger.
Firms achieve productive efficiency in the long run by
a. striving to minimize fixed cost b. striving to maximize revenue c. producing at their minimum long-run average cost d. producing at their minimum long-run marginal cost e. producing the output consumers want most
The Pollution Prevention Act of 1990
a. replaced the National Environmental Policy Act of 1969 (NEPA) b. was repealed in 2005 c. ranks source reduction as the primary goal followed by waste treatment d. ranks recycling above source reduction