Which of the following is not considered a factor of production?

Although McDonalds operates in a market structure with many competitors and substitute foods, it often engages in ________ with its major fast food competitors

A) monopoly behavior. B) oligopoly behavior. C) competitive behavior. D) none of the above.

A person who believes strongly in the use of fundamental analysis to choose a portfolio of stocks

a. has a better chance of outperforming the market if stock prices follow a random walk than if they do not follow a random walk. b. almost always chooses to hold index funds in his or her portfolio rather than actively-managed funds. c. is spending his or her time wisely if the efficient markets hypothesis is correct. d. is interested in the likely ability of a corporation to pay dividends in the future.