The Dow Jones industrial average
a. buys and sells municipal bonds from bond rating agencies
b. is a stock exchange that performs IPOs
c. was founded on Wall Street in 1926
d. is a stock index consisting of the 30 largest company stocks
Ans: d. is a stock index consisting of the 30 largest company stocks
Economics
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When demand is elastic, the marginal revenue resulting from a decrease in price is:
A) positive. B) zero. C) negative. D) cannot be determined without more information.
Economics
If government taxes a firm which pollutes this will
a. increase the demand for the good produced. b. decrease the supply of the good produced. c. increase the equilibrium quantity of the good produced in the market. d. decrease the equilibrium price of the good produced in the market. e. all of the above.
Economics