What are Standard & Poor's and Moody's?
(A) The largest issuers of junk bonds.
(B) Firms that rate bonds and publish the ratings.
(C) A part of the Securities and Exchange Commission.
(D) Financial intermediaries.
Ans: (B) Firms that rate bonds and publish the ratings.
Business
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Elastic demand results when movement in price:
A. results in significant changes in supply B. does not result in significant changes in supply C. results in significant changes in demand D. does not result in significant changes in demand E. results in equal movement in demand
Business
An example of a tactical pricing decision is _____
a. pricing at market levels b. charging list prices on all items c. reducing prices on specific seasonal merchandise which is overstocked d. allowing in-store negotiation
Business