How do car dealers help reduce adverse selection?
What will be an ideal response?
To maintain their reputations with buyers, dealers are less willing to take advantage of private information about the quality of the used cars that they are selling than are individual sellers.
Economics
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A stock that has a price of $20 per share, earnings per share of $2.00, and a dividend of $1.50 will have
A) a PE ratio of 20/1.50. B) a yield of 7.5 percent. C) a yield of 12 percent. D) a PE ratio of 1.333.
Economics
The marginal product of an input is equal to the change in total product resulting from a one-unit increase in the quantity of that input.
Answer the following statement true (T) or false (F)
Economics