The World Wide Web Consortium has canceled support for micropayments
Indicate whether the statement is true or false
True
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"The equilibrium relative commodity price at which trade takes place is determined by the conditions of demand and supply for each commodity in both nations. Other things being equal, the nation with the more intense demand for the other nation's exported good will gain less from trade than the nation with the less intense demand." This statement was first proposed by
a. Alfred Marshall with offer curve analysis. b. John Stuart Mill with the theory of reciprocal demand. c. Adam Smith with the theory of absolute advantage. d. David Ricardo with the theory of comparative advantage.
A haberdashery orders cravats from manufacturers overseas to satisfy their demand rate of 5,000 units per year that has been stable for the past decade
Placing an order costs 15 euro and holding each cravat in inventory for a year costs 2 euro. The manufacturer offers price breaks for large orders: ordering between 1 and 99 cravats earns the haberdashery a price of 3.5 euro, but ordering 100 to 999 carries a 3.4 euro price. An order of 1000 cravats or more drops the price to 3.3 euro. What's the optimal order quantity for the haberdashery? A) 99 B) 274 C) 382 D) 999
Curran Contracting is issuing new 25-year bonds that have warrants attached. If not for the attached warrants, the bonds would carry an 11.2% annual interest rate. However, with the warrants attached the bonds will pay a 9.5% annual coupon. There are 31 warrants attached to each bond, which have a par value of $1,000. What is the implied value of each warrant? Do not round your intermediate calculations.
A. $4.10 B. $4.55 C. $5.23 D. $3.87 E. $5.46
Monte Carlo simulation is composed of ______ steps.
a. four b. five c. six d. three