On November 22, the Stock Price of WalMart Was $69

question 12

Multiple Choice

On November 22, the stock price of WalMart was $69.50, and the retailer stock index was 600.30.On November 25, the stock price of WalMart was $70.25, and the retailer stock index was 605.20.Consider the ratio of WalMart to the retailer index on November 22 and November 25.WalMart is _______ the retail industry, and technical analysts who follow relative strength would advise _______ the stock.

• A)outperforming; buying
• B)outperforming; selling
• C)underperforming; buying
• D)underperforming; selling

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Definitions:

Output

The quantity of goods or services produced within a given time period.

Factor Prices

The costs of the inputs that are used in the production of goods or services.

Production Function

A mathematical relationship describing the maximum output possible from a given set of inputs.

Units Of Output

The total quantity of goods or services produced by a company or industry in a specific period.