Holders of equity have claims on both income and assets that are secondary to the claims of creditors
Indicate whether the statement is true or false
TRUE
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Answer the following statements true (T) or false (F)
1.Although an import tariff provides the domestic government additional tax revenue, it benefits domestic consumers at the expense of domestic producers. 2.An import tariff reduces the welfare of a "small" country by an amount equal to the redistribution effect plus the revenue effect. 3.The deadweight losses of an import tariff consist of the protection effect plus the consumption effect. 4.The redistribution effect is the transfer of producer surplus to domestic consumers of the import-competing product. 5.If a country accounts for a negligible portion of international trade in a particular product, its levying an import tariff on that product necessarily increases its overall welfare.
_____________ is a contractual stipulation to ensure that ebusiness participants do not deny their online actions.
Fill in the blank(s) with the appropriate word(s).
The cost of cybercrime to the perpetrator is
A. difficult to determine, because security issues prohibit publication of trials. B. negligible, because few laws have been updated to include cybercrime. C. almost nonexistent, because few criminals are apprehended. D. exceedingly high, so as to be a deterrent.
The just noticeable difference in a price is the amount of price increase that can be taken without affecting customer demand.
Answer the following statement true (T) or false (F)