A person must have contractual capacity to be an agent.

a. True

b. False

An industry is composed of 10 firms, all with equal sales. the four-firm concentration ratio in this industry is

omeland Security has many rules, regulations, and procedures. New employees have to learn a lot before they are ready to work alone. This is the place for someone who likes a. creative work b. formalization c. unstructured work

A system has five workstations (A, B, C, D, and E) connected in sequence, with process times of 5, 10, 4, 9, and 8 seconds per unit each, respectively. Each workstation contains a single machine.

What are ways individuals may reduce their total education and training costs?

The primary participants in a market are A. firms who supply the product and consumers who buy it, but government policies such as taxes also play an important role in the operation of markets. B.

The internal rate of return is the: Select one: a. Discount rate that results in a zero net present value for the project. b. Rate of return required by the project's investors. c. Project's current market rate of return. d. None of these choices. e.

Portable Pet Care, Inc., a mobile veterinary clinic, is planning for the future. The company owners (two seasoned veterinarians) have brought together the vice president of marketing and the director of information systems to talk about their

Ocean Breeze Co. paid $500 cash for expenses related to advertising for the period. Which of the following shows how this event will affect the company's accounting equation?

When a change in interest rates impacts the international value of the dollar limiting the effectiveness of fiscal policy, it is due to a. crowding out. b. crowding in. c. the slope of the AS curve. d. the net export effect. e. exogenous shocks.

Managers who believe in Theory Y assume that workers dislike and avoid work if possible, so managers must use coercion, threats, and various control schemes to get workers to make adequate efforts to meet objectives A. True B. False