A perfectly inelastic demand curve:
A. has a price elasticity coefficient greater than unity.
B. has a price elasticity coefficient of unity throughout.
C. graphs as a line parallel to the vertical axis.
D. graphs as a line parallel to the horizontal axis.
Answer: C
Economics
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If profits are reinvested in the corporation, then
A) payments made to bondholders will be less. B) there are fewer funds available to distribute to stockholders. C) the company will sell more bonds in order to pay dividends to stockholders. D) the high profits indicate that common stockholders will get larger dividends than normal.
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The largest migration pattern in China at present is from urban centers to more rural areas to escape traffic and pollution
Indicate whether the statement is true or false
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