Quasi-market prices for transportation infrastructure result in higher prices at peak locations and times and lower prices otherwise

Indicate whether the statement is true or false.


Answer: TRUE

Business

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BATNA stands for

A. best alternative to a negative agreement. B. best alternative to a negotiated agreement. C. best assignment to a negotiated agreement. D. best alternative to a negative assignment.

Business

Which of the following is an advantage of budgeting?

A) Budgets help managers by eliminating risk, as they show actual values of expected activities. B) Budgets form a part of the financial statements of a company. C) Budgets help managers by identifying potential constraints. D) Budgets contain only dollar values and this helps in analyzing actual performance.

Business

A responsibility center in which the department manager has responsibility for and authority over costs and revenues is called a(n):

A) profit center B) investment center C) volume center D) cost center

Business

Dot has received a special order for 2,000 units of its product at a special price. The product normally sells for $200 and has the following manufacturing costs: Per unitDirect materials $60Direct labor  40Variable manufacturing overhead  30Fixed manufacturing overhead  50Unit cost $180  Assume that Dot has sufficient capacity to fill the order without harming normal production and sales. What minimum price should Dot charge to achieve a $50,000 incremental profit?

A. $180 B. $225 C. $155 D. $168

Business