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NEW QUESTION: 1
Which one of these concepts suggests that stock prices react to new information almost instantly?
A. incentive substitution
B. market power
C. efficient market
D. bargaining power
Answer: C

NEW QUESTION: 2

A. Option B
B. Option A
C. Option F
D. Option D
E. Option E
F. Option C
Answer: A,C,D

NEW QUESTION: 3
All of the following statements about a firms total revenue curve are true except which ONE?
A. Price elasticity of demand for the product = 1 at the highest point of the curve
B. The curve would be a horizontal straight line if demand for the product were perfectly price elastic
C. If price of the product rose the curve would pivot upwards
D. Because the price of a product falls as more is supplied to the market the curve is not a straight line
Answer: B