Stock is
A) bought in a secondary market and sold in a primary market.
B) bought in a secondary market and sold back to the firm.
C) initially purchased in a primary market and sold in a secondary market.
D) none of these choices.
C
Economics
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The inefficiency for collective consumption goods stems from the fact that _____
a. the total cost of the good is too high b. the marginal cost of the good is zero c. the total cost of the good is zero d. the good cannot be priced because it is too easy to steal
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Cost curves in the long run differ from cost curves in the short run
a. True b. False Indicate whether the statement is true or false
Economics