By setting a common standard for all firms, government can take the cost of pollution control out of competition.

Answer the following statement true (T) or false (F)


True

Business

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Tessa won the lottery for $2,500,000 but due to a change in state laws she will not be able to collect it for three years. Ralph is willing to give her a lump sum today in return for the payment in three years. If current interest rates are 14% per year, how much will Tessa receive today?

A) $1,687,430 B) $5,804,080 C) $2,500,000 D) $3,703,860

Business

Minimizing I when praising others to a good way to ensure that your message is

a. selfless. b. spontaneous. c. sincere. d. specific.

Business

Rubicon Inc., an American guitar manufacturing company, signed a contract with a supplier in Umreia, an Asian country, to manufacture guitars. Rubicon then imported these products and sold them in its markets under its own brand name. Rubicon did this because of the availability of cheap labor in Umreia that substantially cut down Rubicon's cost of production. In this scenario, Rubicon is most likely involved in _____.

A. foreign direct investment B. foreign franchising C. foreign outsourcing D. foreign licensing

Business

The number of customers that enter a store during one day is an example of

a. a continuous random variable. b. a discrete random variable. c. either a continuous or a discrete random variable, depending on whether odd or even number of the customers enter. d. either a continuous or a discrete random variable, depending on the gender of the customers.

Business