Suppose the extra cost to a car wash of advertising one additional day each month on a local radio station is $175
Then, the car wash should advertize that one additional day each month if doing so brings in additional revenue of $175 or more each month.
Indicate whether the statement is true or false
TRUE
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A general rule of thumb is that if, after a period of increases, the leading indicator index sustains ________ consecutive declines, a recession (or at least a slowing of the economy) will follow
A) three B) four C) five D) six
Foreign direct investment refers to
A) the acquisition of more than 10 percent of the shares of ownership in a company in another nation. B) the acquisition of less than 10 percent of the shares of ownership in a company in another nation. C) the granting of a loan to a company located in a foreign country. D) a direct monetary grant to a foreign company or government.
In a particular country in 2000 . the average worker needed to work 40 hours to produce 55 units of output. In that same country in 2008, the average worker needed to work 30 hours to produce 45 units of output. In that country, the productivity of the average worker
a. decreased by about 6 percent between 2000 and 2008. b. remained unchanged between 2000 and 2008. c. increased by about 9 percent between 2000 and 2008. d. increased by about 18 percent between 2000 and 2008.
The price of a stock will rise if
a. the managers of a stock exchange decide the price should be higher. b. the demand for the stock rises. c. the supply of the stock rises. d. None of the above are correct.