On a Particular Day, There Were 920 Stocks That Advanced

question 41

Multiple Choice

On a particular day, there were 920 stocks that advanced on the NYSE and 723 that declined. The volume in advancing issues was 80,846,000, and the volume in declining issues was 70,397,000. The trin ratio is ________, and technical analysts are likely to be ________.

• A) .90; bullish
• B) .90; bearish
• C) 1.11; bullish
• D) 1.11; bearish

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Definitions:

Marginal Product

The additional output resulting from a one-unit increase in the use of a variable input, holding all other inputs constant.

Average Product

The Average Product is an economic term that describes the output per unit of input, calculated by dividing total product by the number of units of input.

Diminishing Returns

The principle where the increase in the quantity of input will, after a certain point, yield progressively smaller increases in output.

Costs Of Production

The total expenses incurred in the manufacturing of a product, including raw materials, labor, and overhead.