A variable cost remains constant per unit at various levels of activity.

a. True

b. False

Suppose that a firm is facing an upward-sloping yield curve and needs to borrow money to invest in production. Does this mean that the firm should consider borrowing only at short-term rates? A.

You own a company that produces pens. The marginal product of the last unit of labor input is 25 and the marginal product of the last unit of capital input is 75.

Dave needs advice for paying off an education loan that he had taken two years back. Which financial service provider should he seek advice from? trust company insurance agent fiduciary investment advisor attorney

Which is the best interpretation of question bias? select one: a. the ability of a question's wording or format to influence respondents' answers b. the ability of a question's wording to change a research project's objectives c.

China produces many products at the lowest cost possible, even though Chinese consumers do not desire many of these products (e. g., football helmets).

This type of evidence can lead to the hasty generalization fallacy Personal Experience Intuition Analogy Research

Interest rates generally reflect the potential elects of initation the level of risk in an investment the real value of the investment the amount of money invested

What is a variable expense? A. An expense that is the same during some months, and different during other months. B. An expense that is the same from month to month. C. An expense that is different from month to month. D. None of the above.

Calculator Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6; the unit contribution margin for Model P-4 is $14. Each model must spend time on a special machine.

If US workers can produce everything in less time than Mexican workers, it is not possible for the US to gain from trade with Mexico. True/False