When the Price of Computer Software Rises, the Value of the Marginal

question 86

Multiple Choice

When the price of computer software rises, the value of the marginal product of computer programmers will:

• A)fall
• B)rise
• C)remain unchanged
• D)fall or rise, either is possible

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Definitions:

Cumulative Preferred Stock

Preferred stock where dividends accumulate if not paid in a given year and must be paid out before dividends can be distributed to common stockholders.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Dividends Received

Refers to the payments received by shareholders from a company's earnings, typically distributed periodically.

Dividend Record Date

The specific date set by a corporation's board of directors after which the shareholders on record will be entitled to receive the declared dividend.