Howard's bank gave him a personal loan because they found him creditworthy. Which type of loan did Howard get?

a secured loan

an unsecured loan

a variable-rate loan

Nelson Industries makes widgets using a two-step process that involves machining first and assembly second.

Audrianna gives a walking tour of a popular tourist city to one person for $ 49. To increase her business, she would lower the price by $2 per person for each additional person.

Lakeside Components wishes to purchase parts in one month for sale in the next. On June 1, the company has 12,000 parts in stock, although sales for June are estimated to total 12,900 parts.

The proformas are dynamic financial statements that recalculate based on your decisions. T/F?

Do you agree with this marketing decision? Why or why not? How might consumers use thought-based decision models when considering a motorcycle purchase in India? What are the implications for Harley-Davidson?

When the world went to a system of floating exchange rates, the Balance of Payments became a relic of a system of fixed exchange rates and is no longer watched by serious economic groups. True False

For each customer, a bakery charges p dollars for the first loaf of bread bought by the customer and charges q dollars for each additional loaf bought by the customer.

Suppose you are a perfectly competitive cotton candy make are you are charging $5 per bag and you are selling 1,000 bags a month.

Which of the following statements is FALSE? A. We can use Modigliani and Miller's first proposition to derive an explicit relationship between leverage and the equity cost of capital. B.

What is scarcity? What is oppurtunity cost