New cars typically lose 25 percent of their value in the first year
a. True
b. False
a
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When designing the data collection activity, which type of data should be avoided?
a. data that is relevant b. data that is efficient c. data that is redundant d. data that is accurate
Ordinary annuity cash flows occur at the beginning of the interest period
Indicate whether the statement is true or false
Page Litton likes to use her credit card to buy gas since she can defer payment for 30 days. However, she notices that her dealer charges 3 cents more per gallon than if she paid with cash. Page estimates paying about $1
00 a gallon for gas, and her monthly credit statement shows an APR of 18 %. Given this information, Page should A) continue using her card since the opportunity cost of paying in cash is less than 18% a year. B) pay with cash since its opportunity cost is about 36% a year. C) continue using her card, the effective cost of using cash is about 36% a year. D) you can't tell unless you know how much gas she will buy.
In pollution cases involving strict liability for abnormally dangerous activities, courts have NOT found which of the following activities to be abnormally dangerous:
a. crop dusting b. leakage of chemicals into ground water c. storing of flammable liquids in quantity in a populated area d. emitting of noxious gases by factories e. all of the other specific choices have been found to be abnormally dangerous by the courts