Which of the following is an example of an external transaction cost?
A. the cost of searching for a contract manufacturer
B. the cost of recruiting and retaining employees
C. the cost of maintaining plant and machinery
D. the cost of setting up a production unit
Answer: A
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For some, though certainly not all individuals, being ______ means using words that convey respect for and sensitivity to the needs and interests of different groups.
a. culturally sensitive b. politically sensitive c. culturally correct d. politically correct
A patent holder may recover damages and receive an injunction against an infringer in a patent
infringement action. Indicate whether the statement is true or false
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. Determine the machines' second year depreciation under the straight-line method.
A. $20,880. B. $16,900. C. $16,000. D. $17,400. E. $18,379.
Deontologists would agree that the increasing medical concern over obesity in the United States justifies federal regulation of high fat, high sugar, low nutrition food advertising during children's television programs.
Answer the following statement true (T) or false (F)