To Construct a Supply Curve, an Economist Needs Data on Price

question 308

Multiple Choice

To construct a supply curve, an economist needs data on price and quantity.Each point on the supply curve is

• A)supply of the product.
• B)a quantity supplied at that price.
• C)the amount that people want to buy.
• D)the amount people want to sell to buyers of different incomes.
• E)All of the above are correct.

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Definitions:

Weak-Form Efficient

A theory stating that all past prices of a stock are reflected in its current price and that technical analysis cannot consistently outperform the market.

Above-Normal Rate Of Return

Earnings that exceed what is typically expected or required, often reflecting superior performance or risk.

Constant Rate

The steady, unchanging rate at which a quantity such as interest, growth, or decay progresses over time.

Dividend Yield

The ratio of a company's annual dividend payments to its share price, expressing the dividend as a percentage of the current share price.