The dividend yield is
a. a financial intermediary
b. reported as a percentage of the stock's price.
c. the same as retained earnings.
d. a function of the company's earnings per share and the stock's price.
b
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In the above figure, the movement from point a to point b reflects
A) a decrease in the price of pizza. B) an increase in the demand for pizza. C) an increase in the number of people who eat pizza. D) an increase in the price of the tomato sauce used to produce pizza. E) a decrease in the number of firms producing pizza.
Game theory provides us with a general approach to understanding the behavior of firms when their choices are interdependent
a. True b. False
When the marginal tax rate exceeds the average tax rate, the tax is
a. proportional. b. regressive. c. non-egalitarian. d. progressive.
Economists criticize monopolies because monopolies
A) always price discriminate. B) receive accounting profits. C) restrict output and raise prices compared to a competitive situation. D) make consumers pay more for their product than the customers value the product.