A state probability when equilibrium has been reached is called
A) state probability.
B) prior probability.
C) steady state probability.
D) joint probability.
E) transition probability.
C
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The company's marketing information system should be a mix of what managers think they need, what managers really need, and ________
A) what the marketing research department is able to do B) what consumers are willing to consume C) what the government policies allow D) what is acceptable at the industry level E) what is economically feasible
The step in the consumer-adoption process where a consumer considers whether to try the innovation is interest
Indicate whether the statement is true or false
Adjusting entries affect at least one
A) income statement account and one balance sheet account B) revenue and the drawing account C) asset and one owner's equity account D) revenue and one capital account
A business received an offer from an exporter for 30,000 units of product at $16 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $22 Unit manufacturing costs: Variable 11 Fixed 6 What is the amount of the gain or loss from acceptance of the offer?
A) $30,000 loss B) $40,000 gain C) $150,000 gain D) $50,000 gain