Scarcity is a concept that implies that choices must be made
a. True
b. False
Indicate whether the statement is true or false
True
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How can a person be an indirect stockholder?
a. by owning stock in a fictitious name b. by owning stock in one company and bonds in another company c. by the government owning stock in a corporation d. by a spouse owning stock in a corporation e. by being a part of a pension fund that invests in stock in corporations
Technological advancements have led to lower prices and an increase in the sale of color laser printers. How does this affect the market for traditional inkjet printers?
A) The demand curve for inkjet printers shifts to the right. B) The demand curve for inkjet printers shifts to the left. C) The quantity of inkjet printers demanded increases. D) The quantity of inkjet printers demanded decreases.