The shadow price for a positive decision variable is 0

Indicate whether this statement is true or false.


Answer: TRUE

Business

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If Japan and France have identical production possibilities frontiers and identical community indifference curves, then

a. Japan will enjoy all the gains from trade. b. France will enjoy all the gains from trade. c. Japan and France share equally in the gains from trade. d. gainful specialization and trade are not possible.

Business

The descriptive information in annual reports is not useful in statement analysis; only the financial statements themselves are of value

Indicate whether the statement is true or false

Business

If employees are spread too thin because of growth, the firm will face problems of employee morale and increased employee turnover.

Answer the following statement true (T) or false (F)

Business

Define the common law. Discuss its conflicting goals and the doctrine created to serve one of these goals

Business