Fundamentals Flashcards
(2 cards)
1
Q
T/F:
Material conflicts of interest can be disclosed either orally or in writing?
A
True.
Material conflicts of interest may be delivered either orally or in writing and are not required to be in writing.
2
Q
Inelastic demand
A
Perfectly inelastic demand is vertical. As price increases, revenue increases and vice-versa.
