Federal antitrust laws apply to:

A. behavior that substantially affects interstate commerce or international trade.
B. behavior that affects external economies other than the U.S.
C. any type of nonimport trade.
D. intrastate commerce exclusively.


Answer: A

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For a factory worker, all of the following are charged to Factory Overhead except:

a. the shift premium paid because the worker works the "graveyard" shift. b. the payroll taxes related to direct labor time. c. the overtime premium paid as a result of a "rush" job stipulated by the customer contract. d. the make-up guarantee paid because the employee did not reach the quota set forth in a modified wage plan.

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In the context of financial securities,which of the following statements is true of certificates of deposit?

A. Certificates of deposit with longer maturities typically earn a lower interest rate than certificates of deposit that have shorter terms. B. They can be cashed in before they mature without incurring any penalty. C. They offer higher returns than most other types of investments. D. The rate of interest paid oncertificates of depositis often higher than the rate on a regular savings account.

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The lower the firm's tax rate, the lower will be its after-tax cost of debt and also its WACC, other things held constant.

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

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One of the main disadvantages of the Internet is that it is too cluttered.

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

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