A business analyst describes his company's profit function as 3x2 + 6x - 200. If x is the output volume, what statements can you make about the price, fixed cost, and variable cost?
What will be an ideal response?
Answer: The fixed cost is $200, but we can't determine exactly what the price and variable cost are.
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If the coefficient of variation is 40% and the mean is 70, then the variance is
A. 28. B. 2800. C. 1.75. D. 784.
List and describe the three project scheduling tools.
What will be an ideal response?
A company from a Sharia-based legal system
A. must accept that interest will need to be a part of foreign contracts. B. can opt out of Sharia law if their business is international. C. has the right to use that system globally, regardless of the issues. D. can follow that system internally and also has to follow the local law of the host country.
General partners are not personally liable for partnership debts beyond their capital contributions.
Indicate whether the statement is true or false.