______ methods can be used if measurable, historical data are available, and there is evidence that past demand is indicative of the future demand.

a. Simulation analysis
b. Qualitative
c. Quantitative
d. Market research


c. Quantitative

Business

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When people or firms that are worse than average risks are most likely to enter a contract that is offered to everyone, the problem is called

A. irrational expectations. B. adverse selection. C. opportunity cost. D. moral hazard.

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Tariffs are taxes on exports.

Answer the following statement true (T) or false (F)

Business

Which of the following is most likely to fall in the category of intangible personal property??

A) Knowledge B) Copyrights C) Annual growing crops D) Land

Business

Which of the following is true of a financial statement? A) It is not signed by a debtor

B) It can be substituted by a security agreement. C) It does not describe the collateral. D) It contains the mailing address of a guarantor.

Business