8. There are nearly three billion shares of Facebook stock. Sam, who owns 100 shares of the stock, hopes to raise the market price of the stock by buying another 100 shares. The main reason his endeavor will fail is that: A) he is such a small part of the overall market that his extra demand will have a negligible effect on the market price. B) Facebook is a monopoly and therefore controls the price of its stock. C) the Securities and Exchange Commission will intervene if anyone tries to influence stock prices. D) the other stockholders will attempt to neutralize Sam's efforts.

8. There are nearly three billion shares of Facebook stock. Sam, who owns 100 shares of the stock, hopes to raise the market price of the stock by buying another 100 shares. The main reason his endeavor will fail is that: A) he is such a small part of the overall market that his extra demand will have a negligible effect on the market price. B) Facebook is a monopoly and therefore controls the price of its stock. C) the Securities and Exchange Commission will intervene if anyone tries to influence stock prices. D) the other stockholders will attempt to neutralize Sam's efforts.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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