The expected rise in the price of a mineral less extraction costs should equal the cost of capital.
Answer the following statement true (T) or false (F)
True
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The utility of any given test generally increases as the selection ratio gets higher.
Answer the following statement true (T) or false (F)
The vast array of products that consumers buy can be classified on the basis of shopping habits and are broken down into four main areas. List these four main classifications of consumer goods and explain what elements are included within
What will be an ideal response?
Which of the following statements best represents the distinction between binding and nonbinding arbitration?
A) Unlike nonbinding arbitration, binding arbitration takes place at a court, in the presence of a judge. B) If the arbitration is nonbinding, the decision and award of the arbitrator can be appealed to the courts. C) A nonbinding arbitration takes place at a court, in the presence of the jury. D) A nonbinding arbitration implies that the arbitrator's decision must be reinforced by the courts.
When Simple Semiconductors was operating at the minimum efficient scale of 10,000-12,000 units per month, the firm's cost per unit was $45. However, when the output level was increased beyond 12,000 units, the cost per unit increased to $47. This increase was attributed to the wear-and-tear of the machinery, and complexities of managing and coordinating. What is this phenomenon known as?
A. minimum efficient scale B. learning-curve effect C. experience curve effect D. diseconomies of scale