have some level of trust and has an economic benefit. What is Surplus? Surplus is when there is an excess of a good or an offer service; when the supply of a good is greater than the demand for it‚ then there is a surplus of the supplied good. What is a Predatory State? A predatory state is an economic state that seeks to maximize the profits of the wealthy and the government at the cost of the middle and lower-class. US/UK What is Fordism and in what economic system was it dominant?
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negative. Question Relative to a competitively organized industry‚ a monopoly produces Answer more output‚ charges higher prices and‚ earns economic profits. less output‚ charges lower prices and‚ earns economic profits. less output‚ charges lower prices and‚ earns only a normal profit. less output‚ charges higher prices and‚ earns economic profits. Question Which of the following is NOT an example of price discrimination? Answer Airlines charging lower prices to travelers who stay
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This archive file of BUS 308 Week 2 Quiz shows the solutions to the following problems: 1. Question : In a statistical study‚ the random variable X = 1‚ if the house is colonial‚ and X = 0 if the house is not colonial‚ then it can be stated that the random variable is continuous. True False 2. Question : The set of all possible experimental outcomes is called a(n) sample space. event. experiment. probability. 3. Question : If two events are independent‚ then the probability of their
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Quiz Submissions - Weekly Test 02—Organisational Environments and Cultures Top of Form Question 1 1 / 1 point What are the two types of external organisational environments? public and private market-specific and the product-specific organisational and the interpersonal global and the national general and the specific Question 2 1 / 1 point In terms of external organisational environments‚ the ____ environment affects all organisations while the ____ environment is unique to each company
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1. A nation’s standard of living is best measured by its a. | real GDP. | b. | real GDP per person. | c. | nominal GDP. | d. | nominal GDP per person. | 2. Productivity is defined as the quantity of a. | labor required to produce a nation’s GDP. | b. | labor required to produce one unit of goods and services. | c. | goods and services produced from each unit of labor input. | d. | goods and services produced per unit of time. | 3. The equipment and structures available to
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quiz 2 TCO 2) A statement that reports inflows and outflows of cash during the accounting period in the categories of operations‚ investing‚ and financing‚ is called a(an): Income statement Statement of retained earnings Balance sheet Statement of cash flows Report of management Question 2. Question : (TCO 2) Two major methods of asset valuation are: : historical cost and future cost historical cost and acquisition cost historical cost and replacement cost acquisition cost and future cost
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classroom is designed for a different type of class (e.g.‚ spinning‚ aerobics‚ water aerobics‚ weight training‚ etc.). It is necessary to track what fitness classes are being held in each of the different Muscles Health Club locations. | | | STEP 2 | | Run Visio 2010 either via Citrix or on your workstation. Click on the Software and Database Template group in the main window. Double-click on the Database Model Diagram Template to open a new file. Save the file with a name containing
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Midterm #1 Questions 1. Which of the following does not constitute a form of direct foreign investment? a. Franchising b. International trade c. Joint ventures d. Acquisitions of existing operations e. Establishment of new foreign subsidiaries 2. Which of the following theories identifies specialization as a reason for international business? a. theory of comparative advantage. b. imperfect markets theory. c. product cycle theory. d. none of the above 3. Agency costs faced by multinational
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Question 1 5 out of 5 points Correct Which of the following is a type of law referencing formal rules embodied in judicial decisions rendered by courts? Answer Selected Answer: Public Correct Answer: Public Question 2 5 out of 5 points Correct Which of the following is not one of the four primary public policy objectives furthered by laws and regulations applicable to U.S. business? Answer Selected Answer: Promoting governmental regulation Correct Answer: Promoting
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good or bad for the firm. | | All of these are true statements. | | The Standard Industrial Classification (SIC) System is used to identify benchmark firms. | | This benchmark is based on a firm’s historical performance. | | | Question 2 | | Coverage ratios: Sectors‚ Inc.‚ has an EBIT of $7‚221‚643 and interest expense of $611‚800. Its depreciation for the year is $1‚434‚500. What is its cash coverage ratio? | 18.34 times | | 14.15 times | | None of these | | 15.42 times
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