Savers in the financial system make decisions about how to save their money by following the basic principles of:
A. asset valuation.
B. cost benefit analysis.
C. rate of return on investments.
D. risk valuation.
A. asset valuation.
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How many people does it take to make an ordinary no. 2 pencil?
A) One person B) Between one and five people C) Less than one hundred people D) Millions of people
Which of the following accidents has an optimal probability of zero?
A) patent infringements B) audit failure C) product failure D) It is not optimal for any of the accidents, patent infringements, audit failure, or product failure to have a probability of zero.
Figure 11-1
The Red Cross is virtually the only operator of blood banks in the United States. In Figure 11-1 are the demand and cost curves facing the Red Cross blood bank. If the Red Cross were to set price and quantity at the level that it would obtain in the long run in a competitive industry, how much blood would it sell?
a.
OA
b.
OB
c.
OD
d.
OC
If the price of golf balls increases, what will likely happen to the demand for golf club manufacturing employees?
A) It will increase. B) It will decrease. C) It will stay the same. D) Nothing, the two are not related.