A person who considers only Pepsi or Mountain Dew when purchasing a soft drink employs his or her evoked set in evaluating purchase alternatives
Indicate whether the statement is true or false
TRUE
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__________costs do not change as output is increased or decreased
Fill in the blanks with correct word.
A certain firm originally had capital structure weights of 50% debt and 50% common equity. Since establishing those weights, the firm's stock price has risen dramatically. The firm has done no additional borrowing. Assume that nothing else in the economy has changed (e.g., interest rates, tax rates, and other macroeconomic factors remain constant). Because the firm's stock price has increased a great deal, ________.
A) the firm's cost of equity has increased B) the firm's cost of debt has increased C) the firm's WACC has decreased D) the firm's cost of equity has decreased
Which of the following decisions is likely to be a programmed decision?
A) decisions about diversification into new products and markets B) decisions with uncertainty regarding cause-and-effect relationships C) decisions about reorganization of state government agencies D) decisions regarding periodic reorders of inventory E) decisions involving the purchase of experimental equipment
A weakness of the labor productivity measure is that managers might be tempted to lay off workers to improve labor productivity.
Answer the following statement true (T) or false (F)