Looking at the stock information in figure 2, what would you conclude about the South African Mobile Phone sector between 2008 and 2011? A. The market was very depressed between the period 2008-2011 as cellular stocks remained below 2008 prices through the period to 2011. B. The market was solid and prices were rising between 2008 and 2011 C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near to medium term D. The market crashed and plateaued between 2008 and 2011
Looking at the stock information in figure 2, what would you conclude about the South African Mobile Phone sector between 2008 and 2011? A. The market was very depressed between the period 2008-2011 as cellular stocks remained below 2008 prices through the period to 2011. B. The market was solid and prices were rising between 2008 and 2011 C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near to medium term D. The market crashed and plateaued between 2008 and 2011
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Looking at the stock information in figure 2, what would you conclude about the South African Mobile
Phone sector between 2008 and 2011?
A. The market was very depressed between the period 2008-2011 as cellular stocks remained below
2008 prices through the period to 2011.
B. The market was solid and prices were rising between 2008 and 2011
C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near
to medium term
D. The market crashed and plateaued between 2008 and 2011
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