To be useful, classes must be mutually inclusive

Indicate whether the statement is true or false


FALSE

Business

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When considering the effects of transportation costs, the conclusions of our trade model must be modified. This is because transportation costs result in

a. lower trade volume, higher import prices, smaller gains from trade. b. lower trade volume, lower import prices, smaller gains from trade. c. higher trade volume, higher import prices, smaller gains from trade. d. higher trade volume, lower import prices, greater gains from trade.

Business

Which of the following is an actual account on the books?

A) Cost of goods sold. B) Gross margin. C) Net income. D) Income from operations.

Business

Clyde works on a team in which there are challenges as to who the actual leader of the team is. Clyde’s team is likely in which stage of the five-stage development model?

A. forming B. norming C. storming D. performing

Business

The ________ provides a quick, efficient, and instantly interactive way to follow up a sale

Fill in the blanks with correct word

Business