As a general rule, is it safe to assume that a change in the price of a good will always have its most significant impact on the quantity demanded of that good, rather than on the quantity demanded of other goods? Explain.
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chapter 11 >corporations finance their operations using the following sources: >short-term debt, such as purchasing goods or services on account >long-term debt, such as issuing bonds on notes payable >equity, such as issuing common or preferred stock >bond- form of interest-bearing note, need periodic interest payment, with face amount to be repaid at the maturity date >earning per share(EPS)- income earned by each share of common stock >earnings per share = (net income – preferred dividends)/number of common shares outstanding >bond characteristic >bond indenture- underlying contract between the company issuing bonds and the bondholders >bond issue is divided into a number of individual bonds; face amount of each bond is call
Textbook: Principles of Economics
Author: Steven A. Greenlaw, David Shapiro, Timothy Taylor
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