Term Bonds Are

question 112

Multiple Choice

Term bonds are

• A)bonds that have a single maturity date.
• B)bonds secured by specific assets of the issuing corporation.
• C)issued only by the federal government.
• D)issued on the general credit of the corporation and do not pledge certain assets as collateral.

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Definitions:

Marginal Cost

The increment in total pricing necessary for the creation of one more unit of any good or service.

Marginal Revenue

The supplementary earnings obtained by selling an extra unit of a good or service.

Marginal Revenue Curve

A graphical representation showing the additional revenue that is generated by selling one more unit of a good or service.

Marginal Revenue

The income enhancement from the sale of one more unit of a product or service.