When resources like direct materials, labor, or time are scarce, the goal is to maximize the contribution margin per unit of scarce resource
Indicate whether the statement is true or false
True
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Compared to an import quota, an equivalent tariff may provide a less certain amount of protection for home producers since
a. a tariff has no deadweight loss in terms of production and consumption. b. foreign firms may absorb the tariff by offering exports at lower prices. c. tariffs are effective only if home demand is perfectly elastic. d. quotas do not result in increases in the price of the imported good.
Readers tend to look for deadlines and action information in the body of an e-mail message or memo
Indicate whether the statement is true or false
Why is Harley-Davidson identified as a repetitive manufacturer, not a mass customizer?
What will be an ideal response?
?A firm's current ratio has steadily increased over the past 5 years, from 1.9 to 3.8. What would a financial analyst probably conclude from this information?
A. ?The firm's fixed assets turnover has improved. B. ?The firm's liquidity position has improved. C. ?The firm's stock price has increased. D. ?The firm's financial leverage has improved. E. ?The firm's market value has increased.