At a minimum of a nonlinear function, the first derivative is equal to zero, and the second derivative is positive
Indicate whether the statement is true or false
TRUE
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Members of a negotiating team may take on which of the following important roles in the negotiation process?
A. A team member may take any of these roles. B. legal counsel C. observer D. chief spokesperson
New product introductions, promotions, and pricing which impact demand forecasts are the responsibility of what department within a firm?
a. Operations b. Distribution c. Marketing d. Supply management
Crediting an expense account decreases it.
Answer the following statement true (T) or false (F)
Which of the following statements is CORRECT, assuming positive interest rates and holding other things constant?
A. The present value of a 5-year, $250 annuity due will be lower than the PV of a similar ordinary annuity. B. A 30-year, $150,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage. C. A bank loan's nominal interest rate will always be equal to or greater than its effective annual rate. D. If an investment pays 10% interest, compounded quarterly, its effective annual rate will be greater than 10%. E. Banks A and B offer the same nominal annual rate of interest, but A pays interest quarterly and B pays semiannually. Deposits in Bank B will provide the higher future value if you leave your funds on deposit.