The use of "expert opinion" is one way to approximate subjective probability values
Indicate whether the statement is true or false
TRUE
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Which of the following best describes the term "externalities"?
A) money that firms set aside to give away to society B) taxes that firms pay C) unintended consequences of profit-seeking activities D) unexpected external causes that hinder successful business transactions
The average SAT score for the 300 students accepted at Tiny College this year is 1050 with a standard deviation of 275 . If a random sample of 40 students is selected from this class, what is the probability that the average SAT score will be between 1060 and 1120?
Boaz Company had beginning of year assets of $100 million and end of year assets of $120 million. Boaz's net income is $5 million. Calculate Boaz Company's return on assets.
A. 4.5% B. 4.1% C. 5% D. 45.4%
An ethical problem occurs when an individual is morally or ethically required to do something that conflicts with his or her immediate self-interest.
a. true b. false