One Characteristic of Mid- Cap Shares Is That They

question 51

Multiple Choice

One characteristic of mid- cap shares is that they

• A) are generally new firms with high growth potential.
• B) are traded primarily through pink sheet bids.
• C) are fairly good- sized companies that offer attractive return opportunities.
• D) tend to be highly volatile.

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Definitions:

National Defense

The protective measures and military actions that a country undertakes to defend itself against threats and maintain national security.

Market Failure

Occurs when the allocation of goods and services by a free market is not efficient.

Free-rider Problem

A situation in public economics where individuals consume a good without paying for it, leading to underproduction or depletion of the good, as seen often in public goods and common resources.

Public Good

A good that is non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from its use and one person's use does not diminish its availability to others.