In a dutch-internet auction, the highest price wins.

a. true

b. false

The formula for calculating the present value factor for an annuity of $1 is a. Amount to Be Invested/Equal Annual Net Cash Flows b. Amount to Be Invested/Annual Average Net Income c. Annual Average Net Income/Amount to Be Invested d.

Top managers of Marshall Industries predicted 2018 sales of 14,800 units of its product at a unit price of $9.50. Actual sales for the year were 14,600 units at $12 each. Variable costs were budgeted at 2.00 per unit and actual variable cost were $2.

Why do both the buyer and the seller in a solo exchange pursue their own self-interests? 1. Because the parties in the transaction do not plan on doing business together again. 2.

A monopolist firm faces a demand with constant elasticity of negative 2.6-2.6. It has a constant marginal cost of $2020 per unit and sets a price to maximize profit.

Caroline is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Each hour she spends swimming is an hour that she can't spend biking or running.

According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct size by more than 1 mm. In the manufacturing process, the standard deviation of this length is 0.

Baylee is driving her friend sarah to the movies. baylee loses control of the car and crashes into a fence. the vehicle's airbags deploy, and both sarah and baylee are shaken up but not physically injured.

What identifies data outside of a normal condition?

All of the following are examples of facility level costs except: Select one: a. Costs of cleaning the workplace. b. Costs of custodial work. c. Costs of personnel support. d. Costs of receiving shipments. e. Costs of providing electricity.

The law of supply states that a. as prices rise, so will supply and vice versa. b. as prices fall, supply will rise and vice versa. c. as prices rise, supply will fall and vice versa. d. as prices rise, supply will stabilize and vice versa.