Answer the following statement(s) true (T) or false (F)
1. Bonds are considered riskier than stocks.
2. Preferred stockholders are paid before bondholders.
3. Common stock dividends do not vary based on profit.
4. Stockholders are the people who own corporations.
5. It is very difficult for an individual to own stock in a corporation.
1. False
2. False
3. False
4. True
5. False
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In the figure above, the lowest 20 percent of all households receive ________ percent of all income, the next lowest 20 percent receive ________ percent of all income and the richest 20 percent receive ________ percent of all income
A) 20; 20; 20 B) 20; 40; 100 C) 10; 20; 40 D) 10; 10; 40
Suppose there are 1000 identical wheat farmers. For each, TC = 10 + q2. Market demand is Q = 600,000 – 100p. Derive the short-run equilibrium Q, q, and p. Does the typical firm earn a short-run profit?
What will be an ideal response?