Every Day for the Past Two Years You've Had Ham

question 133

Multiple Choice

Every day for the past two years you've had ham and cheese on a whole wheat bagel for lunch at Bungalow Bob's Bagel Boutique.However, the price of whole wheat bagels has risen by 10 cents so today you decide to have ham and cheese on a rye bagel.In this case, whole wheat and rye bagels are best considered:

• A) superior goods.
• B) normal goods.
• C) substitute goods.
• D) complementary goods.

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Definitions:

Regular Cash Dividend

A payment made by a company to its shareholders, usually in the form of cash, out of its profits or reserves on a regular basis, such as quarterly or annually.

Stock Price

The cost of purchasing a share of a company's stock, representing partial ownership in the company.

Cum Dividend

A term indicating that a stock is trading with the right to receive the most recently declared dividend.

Shareholders of Record

Shareholders of record are individuals or entities that are officially recorded by a company as the legal owners of its shares on a specific date.