Thailand's import restrictions on cigarettes:
A) were justified under GATT article XI as protection of domestic agriculture
B) were justified in the interest of public health.
C) were not justified under GATT article XI as protection of domestic agriculture.
D) were not justified because they violated the principle of free trade.
C
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A company produces 300 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $26 per circuit and fixed costs of $6000 per month. Assume the fixed costs are unavoidable but that company could employ the vacated premises to earn rental income of $2600 per month. If the company outsources, monthly operating income will ________.
A) increase by $1400 B) decrease by $9000 C) decrease by $1200 D) increase by $16,800
The naive forecast may be adapted to take into account a demand trend
Indicate whether the statement is true or false
The first unit took fifteen days to finish and the second unit was finished a mere 13.5 days later. How many more days will pass before the tenth unit is finished?
A) 91.5 B) 119.9 C) 109.3 D) 129.5
A will could be written to distribute assets in terms of the following except
A) percentages. B) a specific dollar amounts. C) percentages and a remainder portion. D) the discretion of the probate judge.