Newly issued stocks and bonds are bought and sold in

A) primary markets.
B) auction markets.
C) futures markets.
D) commodity markets.

A

Economics

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Suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. The theater manager observes that the rise in price causes attendance at a given movie to fall from 300 persons to 200 persons

What is the arc price elasticity of demand for movies? A) 0.5 B) 0.8 C) 1.0 D) 1.2

Economics

A television station reports that the price of coffee has increased but the quantity traded in the market has decreased. This situation would be caused by a(n):

A. Increase in demand B. Increase in supply C. Decrease in demand D. Decrease in supply

Economics