In investment banking, a conflict usually is present between the issuers of securities, who ________, and investors, who ________
A) benefit from unbiased auditing; desire unbiased consulting
B) desire unbiased research; benefit from optimistic research
C) benefit from optimistic research; desire unbiased research
D) desire unbiased consulting; benefit from unbiased auditing
C
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The largest marital status category of black single parents in 1960 was "married-spouse absent."
Indicate whether the statement is true or false
Jason spends all afternoon baking a cake. When it comes out of the oven, it's burnt and sunk in the middle. Jason thinks about all the time he invested in making it and decides he'll spend more time frosting it and eat it anyway, even though it tastes pretty terrible. Jason's decision to continue to decorate and eat the cake is a good example of:
A. someone focusing on sunk costs. B. someone ignoring sunk costs. C. someone thinking marginally. D. someone weighing the opportunity costs of frosting and eating the cake and the benefits of doing so.