A stock is purchased either for the expected gain in the price of the stock, for the dividends that the stock may pay, or both.

Answer the following statement true (T) or false (F)

True

Economics

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A natural barrier to entry is defined as a barrier that arises because of

A) technology that allows one firm to meet the entire market demand at lower average total cost than could two or more firms. B) patents or licenses that exclude others from producing a good or service. C) many firms producing the good and thereby allowing choice for all consumers. D) anticompetitive practices by a firm that keep other firms from producing. E) one firm owning a key natural resource.

Economics

When government action leads to inefficiency, it is known as

A) government failure. B) government as usual. C) lack of government trust. D) politics.

Economics