Dividend yield is:
a. the annual dividend payment per share.
b. the annual dividend per share divided by the price of each share.
c. the current stock price divided by the dividend per share.
d. the year-on-year change in the annual dividend payment.
e. the dollar value change in the stock price from the previous day's closing price.
QUESTION 2If the marginal utility of a product is diminishing relative to the marginal utility of other products, then _____.
a. the consumer is in equilibrium
b. the consumer has been purchasing relatively less of the product
c. the consumer has been purchasing relatively more of the product
d. the price of the product must have increased
e. the price of the product must have decreased
QUESTION 3If average fixed cost exceeds average variable cost at a particular level of output:
a. Profits must be negative.
b. That fact is meaningless for deciding the quantity of output to produce.
c. Output levels are probably quite low relative to the designed capacity of the production facility.
d. Both b and c. are likely true.
QUESTION 4The unique alphabetic name that identifies a listed stock is known as the:
a. stock's nickname.
b. stock's alpha sign.
c. ticker symbol.
d. alternative name.
e. fixed call number.
QUESTION 5If a consumer purchases more of a product, then most likely the marginal utility of _____.
a. that product decreases
b. that product remains the same
c. other products decrease
d. other products increase
e. that product increases
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