If consumption of large quantities of alcoholic beverages over time causes serious health problems a consumer may not recover in tort against the beverage makers because of she assumed the risk
a. True
b. False
Indicate whether the statement is true or false
True
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Which trade theory suggests that comparative advantage tends to shift from one nation to another as a product matures?
a. factor-price equalization theory b. factor-endowment theory c. product life cycle theory d. theory of comparative advantage
In the United States, the advertising industry itself encourages honesty in advertising
Indicate whether the statement is true or false
Beta Inc. can produce a unit of Zed for the following costs: Direct material$10 Direct labor 20 Overhead 50 Total costs per unit$80 An outside supplier offers to provide Beta with all the Zed units it needs at $58 per unit. If Beta buys from the supplier, it will still incur 40% of its overhead. Beta should:
A. Buy Zed since the relevant cost to make it is $60. B. Make Zed since the relevant cost to make it is $30. C. Make Zed since the relevant cost to make it is $60. D. Buy Zed since the relevant cost to make it is $30. E. Buy Zed since the relevant cost to make it is $80.
What does a person need to make a will?
A) Children B) At least $100,000 in assets C) Capacity D) A trust fund