After much anticipation a company releases a new smartphone. The smartphone doesn't work as well as expected and lacks many of the features buyers had been expecting. The unexpectedly negative reaction to the smartphone would
a. raise the present value and the price of the corporation's stock.
b. raise the present value and reduce the price of the corporation's stock.
c. reduce the present value and the price of the corporation's stock.
d. reduce the present value and raise the price of the corporation's stock.
c
You might also like to view...
The labor movement has been largely an economic movement, not a political phenomenon
Indicate whether the statement is true or false
The additional revenue obtained by a firm when it hires an additional worker, holding other inputs constant, is
A. the marginal cost of labor. B. the marginal revenue product of labor. C. equal to total revenue divided by the number of workers. D. the marginal physical product of labor.
Refer to the given data. The labor supply curve facing firms is:
Use the labor demand data on the left and the labor supply data on the right in answering the following question:
A. such that it does not intersect the labor demand curve.
B. upsloping.
C. perfectly inelastic.
D. perfectly elastic.
What allocation method is the primary method used in the United States?
What will be an ideal response?