Generally, consumers prefer small price increases on a regular basis to sudden, sharp increases

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

Generally, as the price of a product increases,

a. consumers will be willing to purchase larger quantities of the product. b. businesses will be willing to supply larger quantities of the product. c. the supply curve will slope downward. d. demand will increase.

Business

Another name for the lump sum cash flow that occurs when a bond matures is the:

A) face value. B) maturity value. C) par value. D) All of the above could be used to describe the cash flow in question.

Business