Since an individual spends a small share of her income on salt, the elasticity of demand is likely to be low

Studies and recent experience suggest that there is considerable potential for substitution between doctors and nurses in the production of health care services

Indicate whether the statement is true or false

An asset's fundamental value equals

A) its face value. B) its maturity value. C) the market's best guess of the present value of the asset's expected future returns. D) the weighted sum of its market price over the recent past.