Jacob and Mason go to a diner that sells burritos for $5 and tacos for $3 . They agree to split the lunch bill evenly. Mason chooses a taco. The marginal cost to Jacob of ordering a burrito instead of a taco is

What does the sign (positive/negative) of the income elasticity tell us about a good?

What will be an ideal response?

The fundamental value of a share of stock is equal to which of the following?

A) the sum of expected dividends B) the present value of expected dividends C) the sum of coupon payments D) the present value of coupon payments E) the present value of the expected yield