Dynamic processes typically emphasize efficiency more than effectiveness
Indicate whether the statement is true or false
TRUE
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The lock-in effect occurs when
A. the price of all stocks traded in an exchange appreciates. B. short selling of stocks is not allowed. C. stock prices decline more than 5 percent in one day. D. an investor doesn't sell a stock so she can avoid paying capital-gains taxes.
A tariff-rate quota
a. tends to result in a revenue effect. b. displays either tariff-like or quota-like characteristics c. is a single-tier tariff. d. is applied for many years continuously.
Which objective is generally pursued by only large retailers or retail chains?
a. sales b. market share c. profitability d. stability of profits
Crash cost per period is determined by which of the following equations?
a. (Crash cost) / (Normal cost) b. (Crash cost – normal cost) / (normal time – crash time) c. (Normal time – crash time) / (crash cost – normal cost) d. It is impossible to calculate the crash cost per period for an activity