When a corporation announces a major decline in earnings, the stock price may initially decline significantly and then rise back to normal levels over the next few weeks. This impact is called

Perfectly competitive industries tend to produce low-priced, low-technology products

Indicate whether the statement is true or false

Bank capital has both benefits and costs for the bank owners. Higher bank capital ________ the likelihood of bankruptcy, but higher bank capital ________ the return on equity for a given return on assets

A) reduces; reduces B) increases; increases C) reduces; increases D) increases; reduces