Another name for a dummy variable is a binary variable
Indicate whether the statement is true or false
TRUE
You might also like to view...
Employees of Nueroscience Inc. have been working to organize a union. The company's managers wish to maintain nonunion operations, because they believe the union's demands for more generous employee benefits would hurt profits. What evidence could the employees point to in support of the idea that unions are good for business?
A. Unions can reduce turnover by giving employees a way to resolve problems. B. Unions decrease productivity because of the work rules they insist on. C. Unions raise wage and benefits costs. D. Whether unions make employees more productive remains open to question. E. Evidence has found an association between union coverage and lower profits.
The higher the tax bracket you are in, the more attractive the purchase of municipal bonds becomes.
Answer the following statement true (T) or false (F)
Terms of "2/10, n/30" are an example of a sales discount
Indicate whether the statement is true or false
A fixed cost is relevant if it is
a. uncontrollable. b. avoidable. c. sunk. d. a product cost.