Which of the following is NOT one of the possible consumer reference prices?

A) typical price
B) actual future price
C) last price paid
D) expected future price
E) upper-bound price


B

Business

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The present value of a security is

A. directly related to the discount rate. B. inversely related to the time until maturity. C. directly related to the principal amount.   D. is not related to the discount rate.

Business

Which of the following would not affect the balance of the Retained Earnings account?

A) Stock split B) Net loss C) Cash dividend declared D) Stock dividend declared

Business

When the laptop market overtook the desktop market, Blue Tech Inc., a leader in desktop technology, was left at a competitive disadvantage. Later, Blue Tech Inc.'s management channeled all of the company's efforts and revenue to develop an efficient laptop from scratch in less than a year. However, the company failed because Blue Tech Inc.'s models were inferior to the third- and fourth-generation models its competitors were selling. In this scenario, Blue Tech Inc.'s failure can be best attributed to

A. causal ambiguity. B. diseconomies of scope and scale. C. social complexity. D. time compression diseconomies.

Business

The branch of public law that deals with the various regulatory functions and activities of the government is:

A) criminal law. B) administrative law. C) constitutional law. D) substantive law.

Business