If expected return is less than required return on an asset, rational investors will:. (a) buy the asset, which will drive the price up and cause expected return to reach the level of the required return.
(b) sell the asset, which will drive the price down and cause the expected return to reach the level of the required return.
(c) sell the asset, which will drive the price up and cause the expected return to reach the level of the required return.
(d) buy the asset, since price is expected to increase.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less