The theory that there is no way to "get rich quick" in securities due to a lack of predictable trends is
A) no-win theory.
B) market trend analysis.
C) random walk theory.
D) trading.
Answer: C
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Half of all your potential customers would pay $10 for your product but the other half would only pay $8 . You cannot tell them apart. Your marginal costs are $4 . If you set the price at $10, the expected profit is:
a. $3 b. $4 c. $5 d. $6
Slope is measured as rise/run.
Answer the following statement true (T) or false (F)
Ignoring the differences across states, explain the benefit provided to the typical worker in the United States from unemployment insurance
A market in which firms sell a homogeneous product and cannot influence market price is most likely:
A. a perfectly competitive market. B. an oligopoly. C. a monopolistically competitive market. D. a monopoly market.