Write the appropriate constraint for the following condition: If project 3 is chosen, project 4 must be chosen

What will be an ideal response?


Answer: x3 - x4 ≤ 0

Business

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Lovely Locks, a maker of shampoos, is considering entering the cosmetics product. The company has a line of mascara and eyeliner it wants to introduce to the market. However, first Lovely Locks must obtain approval from the ________

A) Environmental Protection Agency B) Interstate Commerce Commission C) Food and Drug Administration D) Federal Trade Commission E) Federal Communications Commission

Business

Jasper makes a $25,000, 90-day, 7% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is: (Use 360 days a year.)

A. $145.83. B. $19.44. C. $875.00. D. $1,750. E. $437.50.

Business

A deductible under which expenses are accumulated on an annual basis, and once a specified total is reached, the deductible is satisfied for the year is called a

A) calendar-year deductible. B) prospective deductible. C) straight deductible. D) waiting period.

Business

Which type of dividend payment policy has the disadvantage that if a firm's earnings drop or if a loss occurs in a given period, dividends may be low or nonexistent?

A) constant-payout-ratio policy B) regular dividend policy C) low-regular-and-extra dividend policy D) stock dividend policy

Business