After developing a predetermined standard, stopwatch or work-sampling time studies need not be performed
Indicate whether the statement is true or false
F
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A five-year-old is most likely to make decisions based on what ethical theory?
a. egoism b. social group relativism c. cultural relativism d. utilitarianism
Unit variable costs vary with changes in productive output, whereas total variable costs remain constant
Indicate whether the statement is true or false
A major advantage of advertising is that _____
a. costs per viewer, reader, or listener are low b. media costs are free c. advertising has higher credibility than public relations d. immediate feedback is provided
In 1985, a given Japanese imported automobile sold for 1,476,000 yen, or $8,200. If the car still sold for the same amount of yen today but the current exchange rate is 144 yen per dollar, what would the car be selling for today in U.S. dollars?
A. $5.964 B. $8,200 C. $10,250 D. $12,628 E. $13,525