Consumers are primarily price-driven when shopping on the internet.

a. true

b. false

The cable company must own a scarce resource. The cable company is experiencing diseconomies of scale. In order for a monopoly to exist in this case, the government must have intervened and created it.

If the current allocation of resources in the market for wallpaper is efficient, then it must be the case that a. producer surplus equals consumer surplus in the market for wallpaper. b. the market for wallpaper is in equilibrium. c.

Francesca, a human resource professional in the United States, is reviewing the plans to send a U. S.-born production manager to Argentina to oversee the opening of a new factory.

Which of the following refers to a marketing intelligence technique? A) interviewing customers randomly B) increasing the annual budget for R&D C) investing heavily on primary research D) implementing product diversification E) benchmarking

Sanchez Company's output for the current period was assigned a $419,000 standard direct labor cost. The direct labor variances included a $10,475 unfavorable direct labor rate variance and a $4,190 favorable direct labor efficiency variance.

Bill Casler bought a $2000, 9-month certificate of deposit (CD) that would earn 8% annual simple interest.

You win $200 in a basketball pool. You have a choice between spending the money now or putting it away for a year in a bank account that pays 3% interest.

Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 20 bushels of corn or 5 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland.

Knowing that Graeter's competes with multinational corporations as well as small businesses, would you recommend that Graeter's expand by licensing its brand to a company in another country? Why or why not?

Sally overhears a phone conversation in an elevator of her office building in N. Y. C. discussing top secret financial matters regarding a corporation.