When General Mills and a few other firms dominate the American cereal market, this is an example of

A. pure competition.
B. monopolistic competition.
C. oligopoly.
D. natural monopoly.
E. monopoly.


Answer: C

Business

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The disadvantages of using mall intercept interviews to collect research data include all of the following EXCEPT:

A) poor response rate. B) potential for interviewer bias. C) moderate quantity of data can be collected. D) high cost. E) high social desirability.

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Ownership of real property in fee simple defeasible means that:

A) The ownership is for only a limited period of time. B) Some type of joint ownership exists. C) The property reverts to the grantor when some condition is met. D) The property was acquired through a donation. E) The ownership is absolute except that ownership may be lost upon the occurrence or nonoccurrence of some event.

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A contract of agency may be in oral when:? A) the agency is created to transfer title to real estate

B) the agent's authority extends for more than one year. C) the agent is to execute a bond. D) the agent is to be a special agent.

Business

What is the Treynor measure of performance evaluation for Sooner Stock Fund?

The following data are available relating to the performance of Sooner Stock Fund and the market portfolio:



The risk-free return during the sample period was 3%.

A. 1.33%
B. 4.00%
C. 8.67%
D. 9.44%
E. 37.14%

Business