Price elasticity magnitudes are lower for durable goods than for other goods

Indicate whether the statement is true or false


FALSE

Business

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The Duval Corporation has recently evaluated a proposal to invest in cost-reducing production technology. According to the evaluation, the project would require an initial investment of $17,166 and would provide equal annual cost savings for five years. Based on a 10 percent discount rate, the project generates a net present value of $1,788 . The project is not expected to have any salvage value

at the end of its five-year life. Refer to Duval Corporation. What are the expected annual cost savings of the project? Present value tables or a financial calculator are required. a. $3,500 b. $4,000 c. $4,500 d. $5,000

Business

The accounting for warranties resembles the allowance method for uncollectible accounts receivable

Indicate whether the statement is true or false

Business

When a speaker presents information in pictures, graphs, and diagrams, he or she is most significantly helping ______ learners retain the information better.

a. auditory b. visual c. kinesthetic d. olfactory

Business

Federal law permits the sending of unsolicited commercial e-mail and does not prohibit spamming activities

Indicate whether the statement is true or false

Business