Virtual reality has been used increasingly in the product design stage
Indicate whether the statement is true or false
T
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Among trading blocs, the EU has the largest GDP per capita.
Answer the following statement true (T) or false (F)
Which of the following statements is correct?
A. Other things held constant, it is generally safer to invest money in a proprietorship than in a corporation. B. There really is no difference between a general partnership and a corporation, because both have multiple owners and both offer limited liability to the owners. C. If you are planning to start a business, which you will run as the sole employee, and if you expect the business to earn $1,000,000 per year before taxes, you always can minimize the total taxes you pay by setting up the business as a corporation. D. According to the text, "agency problems" tend to increase when managers own larger relative amounts of the company's stock. E. Maximizing the income statement item "net income" might not be the best goal for a corporation if the managers are interested in maximizing the economic welfare of the firm's stockholders (that is, the firm's stock price).
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 53 hours for the first widget. Acme estimates it has an 86% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 102th widget.
a. 19.35 hours b. 29.30 hours c. 22.55 hours d. 18.94 hours
A Markov assumption is that the probabilities in each row sum to 1 because they are mutually exclusive and collectively exhaustive
Indicate whether this statement is true or false.