A member of a corporate board of directors that does not have a direct management role in the firm is known as

The law of diminishing marginal utility states that total utility increases by smaller and smaller increments as more of a good is consumed

a. True b. False Indicate whether the statement is true or false

A professionally managed portfolio of assets intended to provide income to retirees is called:

A. a mutual fund. B. a stock. C. a derivative. D. investing by proxy.