Service facilities must always be physically located close to the customer
Indicate whether the statement is true or false
F
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The following information was taken from the financial statements of Collin's Inn: Total current assets $162,000 Average owner's equity 148,000 Beginning inventory 32,000 Ending inventory 36,000 Cost of goods sold 165,000 Net income 37,000 The return on owner's equity for Collin's Inn is
a. 25%. b. 27%. c. 80%. d. 129%.
When all capital and labor are fully utilized, the economy is said to be
A. at the peak of the business cycle. B. experiencing an expansion. C. at full employment. D. sustainable.
Answer the following statements true (T) or false (F)
1.In 1933 the U.S. government enacted the Buy American Act, which requires federal agencies to purchase materials and products from American suppliers if their prices are NOT unreasonably higher than those of foreign competitors. 2.In 2011 Whirlpool Inc. won an antidumping/subsidy case against clothes-washer imports from Samsung and LG. This resulted in antidumping/subsidy duties being imposed on imports of clothes washers from these foreign producers. 3.A subsidy granted to an import-competing producer tends to be absorbed by producer surplus and higher-costs of production. 4.For a tariff-rate quota, the within-quota tariff rate is more than the over-quota tariff rate. 5.A subsidy granted to import-competing producers is often preferred to an import tariff on the grounds that it results in a smaller deadweight welfare loss and allows consumption to remain unchanged.
According to the regression output, what is the proportion of the total variation in the dependent variable that is explained by the independent variable(s)?
a) 78.77%
b) 62.04%
c) 52.55%
d) 392.51%