The Staff of Ms

question 74

Multiple Choice

The staff of Ms.Tamara Hill, VP of Technical Analysis at Blue Sky Brokerage, prepared a frequency histogram of market capitalization of the 937 corporations listed on the American Stock Exchange in January 2013. Approximately ________ corporations had capitalizations of $200,000,000 or less.

• A)50
• B)100
• C)700
• D)800
• E)900

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Definitions:

Price

The amount of money required to purchase a good or service, often determined by supply and demand dynamics in the market.

Income

Funds accumulated over time from work or investing efforts, usually received systematically.

Utility Function

A representation in economics of how a consumer ranks different bundles of goods according to their level of satisfaction or happiness.

Tape Recorders

Devices used for recording audio onto magnetic tape and playing audio from tape.