In 1970, Institutions Owned ________ Percent of the Equity Traded

question 39

Multiple Choice

In 1970, institutions owned ________ percent of the equity traded in the United States and by 2005 they owned ________ percent of the equity traded in the United States.

• A) 32; 59
• B) 62; 32
• C) 48; 62
• D) 32; 38

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Definitions:

Industry's Demand Curve

A graphical representation of the quantity of products or services demanded across an entire industry at various price levels.

Linear Demand Curve

A graph that shows a straight line representing the relationship between price and quantity demanded.

Total Revenue

The total income received by a firm from selling its goods or services.

Marginal Revenue

The increase in income achieved by selling an additional unit of a product or service.