Transaction costs include all the following costs except
A. monitoring costs.
B. search costs.
C. negotiating costs.
D. agency costs.
Answer: D
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Econ Company produces widgets. Each widget sells for $120, and the company sells approximately 50,000 widgets each year. Unit cost data for the year follows: Econ has received an offer from a foreign company to purchase 10,000 widgets at $95 each. Domestic sales would be unaffected by this transaction. If the offer is accepted, variable distribution costs will increase $4 per widget for
insurance, shipping, and import duties. The relevant unit cost to a pricing decision on this offer is: a. $93 b. $59 c. $80 d. $67
Loops are used for situations in which we need to repeat a line or lines of code within our block.
Answer the following statement true (T) or false (F)
List and describe three distributional errors in performance appraisals.
What will be an ideal response?
Doug takes a $500 check drawn by Gail to Gail's drawee bank to cash it. Gail has over $10,000 on deposit in her account. If her bank refuses to pay Doug:
a. Doug can sue the bank and demand payment. b. if the check is over 30 days old, the bank has a right to refuse payment. c. the bank has incurred a liability to Gail for its improper refusal to pay the check. d. All of these.