As related to sensitivity analysis in linear programming, when the profit increases with a unit increase in labor, this change in profit is referred to as the:
a. add-in price
b. sensitivity price
c. shadow price
d. additional profit
c
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Most companies implement only one marketing strategy at a time.
Answer the following statement true (T) or false (F)
Lucas has been saving his excess funds for several years and has contemplated entering a partnership with a friend from college. Lucas hesitates because he knows that it is ____ to invest money in a partnership and ____ to get the money back out.
A. difficult; difficult B. easy; difficult C. easy; impossible D. easy; easy E. difficult; easy
[The following information applies to the questions displayed below.]Farmer Company purchased machine on January 1, Year 1 for $82,000. The machine is estimated to have a 5-year life and a salvage value of $4,000. The company uses the straight-line method.If the original expected life remained the same (i.e., 5-years), but at the beginning of Year 4, the salvage value was revised to $8,000, what is the annual depreciation expense for each of the remaining years?
A. $13,600 B. $27,200 C. $5,440 D. $14,800
If the cash discount period is increased, a firm's investment in accounts receivable is expected to ________.
A) increase because new customers attracted by the new policy will result in new accounts receivable B) decrease because new customers will doubt the quality of product due to increase in discount C) increase because existing discount takers will pay more to get more discount D) decrease because of existing discount takers will now pay earlier to avail the cash discount