To measure the voltage of batteries, one would sample by attributes

Indicate whether the statement is true or false


FALSE

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In the mainstream economics perspective, the role of the law is to:

A. Protect worker income security (e.g., minimum wage, unemployment compensation). B. Protect employers from individual employee pressure. C. Prohibit abuses of labor by management. D. Protect individual freedoms that are necessary for competition (e.g., property rights).

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Which of the following multinational management orientations considers the culture of the country in which the firm is located without a common corporate framework?

a. ethnocentric b. polycentric c. geocentric d. regiocentric

Business

A retailer sells most of its merchandise on credit and bills clients monthly. Which of the following

elements of float does the retailer have the most control over? A) disbursing float B) mail float C) transit float D) processing float

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For the law of one price to hold, all of the following are necessary EXCEPT:

A) transportation costs must be negligible. B) exchange rates must be fixed. C) tariffs must not be levied by any country. D) all goods and services must be tradable. E) traded goods must be homogeneous.

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