When a major car company lowers its prices, other car makers will probably
a. maintain existing prices.
b. raise their prices.
c. go out of business.
d. lower their prices.
Ans: d. lower their prices.
Economics
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With state and multistate lotteries, winners are typically given the choice between a lump sum payment today or a 20 year series of annuities. How should a winner decide which is better?
What will be an ideal response?
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If a corporation cannot pay its debts, creditors cannot seek payment from shareholders' personal wealth
a. True b. False Indicate whether the statement is true or false
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