1.Which of the following best describes the demand of a flu vaccine? A.Demand for flu vaccine is driven driven by reported cases. B. Demand for flu vaccine is sensitive of to income C. Demand for flu vaccine is sensitive to price. D. Demand for flu vaccine is perfectly elastic perfectly. E. None of the options provided.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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1.Which of the following best describes the demand of a flu vaccine?

A.Demand for flu vaccine is driven driven by reported cases.

B. Demand for flu vaccine is sensitive of to income

C. Demand for flu vaccine is sensitive to price.

D. Demand for flu vaccine is perfectly elastic perfectly.

E. None of the options provided.

2.

stock     EPS     share price   Growth rate  

A            $0.30     $4.80        4%

B           $0.40     $5.50        6%

C          $0.50     $7.50        7%

D         $0.60     $8.00        5%

Using the PEG ratio, rank the stocks in order of investment opportunity, the first having the best, the last having the worst.

A. C,B,D,A   B. A,D,B,C  C.  C,D,B,A  D. B,D,C,A

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