Speculative bubbles may arise in part because the value of the stock to a stockholder depends on the final sale price

Which of the following approaches to understanding and predicting consumer behavior depends primarily on the knowledge and experience of a firm's employees and its suppliers?

A) Direct consumer surveys. B) Expert opinion. C) Analysis of historical data. D) Test marketing and price experiments.

A single currency area requires

A) mobile labor and synchronized business cycles. B) immobile labor and synchronized business cycles. C) immobile labor and mobile capital. D) mobile labor and unsynchronized business cycles.