An 80% learning curve means a(n) ______ in unit time as the number of repetitions or units produced doubles.

A. 20% decrease
B. 80% decrease
C. 20% increase
D. 80% increase


A. 20% decrease

Business

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The Class Action Fairness Act was designed to transfer jurisdiction in large, multistate class action tort suits from state courts to federal courts

Indicate whether the statement is true or false

Business

A company makes a single product that it sells for $16 per unit. Fixed costs are $76,800 per month and the product has a contribution margin ratio of 40%. If the company's actual sales are $224,000, its margin of safety is:

A. $128,000 B. $32,000 C. $96,000 D. $192,000

Business

Under the UCC parol evidence rule, usage of trade will take priority over specific provisions in a written contract

a. True b. False Indicate whether the statement is true or false

Business

Which of the following is not included in continuing operations?

A) gain on sale of machinery B) a segment of a business that has been discontinued C) cost of goods sold D) losses due to lawsuits

Business