All of the following were factors that precipitated the growth of MOTO except:

A) the national toll-free call system.
B) the growth of the cellular phone industry.
C) falling long distance telecommunications prices.
D) the growth of the credit card industry.


B

Business

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The depreciation schedule shows when assets are fully depreciated

Indicate whether the statement is true or false

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According to the theory of comparative advantage, a nation can gain from trade if it is not equally less efficient in producing two goods.

Answer the following statement true (T) or false (F)

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Assume that divisional income from operations amounts to $187,000 and top management has established 15% as the minimum rate of return on divisional assets totaling $1,000,000. The residual income for the division is:

A) $37,000 B) $28,050 C) $67,000 D) $0

Business

Exchanges between producers and consumers are more difficult in an advanced economy because of

A. separation in time. B. separation of information. C. separation in values. D. spatial separation. E. All these answers are correct.

Business