Under the efficient markets hypothesis, what would be the price per share of a company whose current dividend is $10.00 and whose dividends are expected to grow by 3% per year (assume the risk-adjusted interest rate is 10%)?

To make things simpler and focus attention on what really matters, economists

A) use assumptions. B) respond to incentives. C) think at the margin. D) ignore all variables.

A curve that shows the relationship between the price and quantity supplied during a particular period, all other things unchanged, is the:

A) price curve. B) supply curve. C) quantity function. D) production possibilities curve.