Coldest Ice produces ice packs for use in lunch boxes. All of the following could be accidents for Coldest Ice except which one?
A) the ice packs failing to meet safe food temperatures
B) the ice packs infringe on another firm's patent
C) a successful audit
D) the ice packs leak
C) a successful audit
You might also like to view...
When market participants have adaptive expectations
A) they use all information available to them. B) they only slowly adjust their expectations to news which could affect prices or returns. C) they are more likely to make accurate forecasts than if they have rational expectations. D) they are able to forecast interest rates more accurately than inflation rates.
Refer to Scenario 5.1. The probabilities discussed in the information above are
A) objective because they are single numbers rather than ranges. B) objective because they have been explicitly articulated by the individuals involved. C) objective because the event hasn't happened yet. D) subjective because the event hasn't happened yet. E) subjective because they are estimates made by individuals based upon personal judgment or experience.
The determinants of labor demand include:
A. supply of other factors and output prices. B. culture and other opportunities. C. culture and population. D. culture and technology.
You are certain that the restaurant industry's normal rate of return is 12%. You would expect a(n) ________ normal rate of return for a soft drink manufacturing industry that people consider much less risky than the restaurant industry.
A. 12% B. risk free (the rate on government bonds) C. above 12% D. less than 12%