Mercantilism is another name given to the version of capitalism that has emerged in the globalized world of the 21st century
Indicate whether the statement is true or false
FALSE
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Suppose Sarah owns a small company that makes wedding cakes. The table below shows how Sarah's total cost varies depending on the number of wedding cakes she makes each day.Number ofCakes Per DayTotal CostPer Day0$1001$1802$2203$3004$4005$5206$660Sarah's fixed cost is ________ per day.
A. $20 B. $200 C. $100 D. $10
Increased uncertainty resulting from the global financial crisis ________ the required return on investment in equity
A) raised B) lowered C) had no impact on D) decreased
A restaurant chain announces declining revenues. What's the name of the type of risk that this news raises for holders of this chain's bonds? What does this news to do the interest rate on this chain's bonds?
Which of the following statements about isoquant maps is true?
A. They always have positive slope. B. They cannot illustrate economies of scale unless some numerical values are attached. C. They always have negative slope. D. They can illustrate diminishing returns to production only when they have numerical values attached.