Everything else held constant, if consumption expenditure increases by 65 for a 100 increase in disposable income, the mpc is

A monopoly arises when there:

a. is a firm desiring to compete in many markets. b. is a firm wanting to maximize profits. c. are barriers to the entry of other firms in the industry. d. is government intervention to establish and enforce a price ceiling.

Which type of stock should result in the best return according to the Efficient Markets Hypothesis?

A) a firm that is expected to be highly profitable in the future B) a firm that is considered to be undervalued C) a firm expected to earn little profit in the future D) none of the above