Profits allow a company to ________
A) increase productivity
B) lower employee wages
C) reduce its span of operations
D) disregard concern about expenses
E) lower standards of living for the entire society
A
Explanation: A) Profits allow a company to reward employees, increase productivity, and expand into new areas. To maintain productivity, a company would need to remain concerned about controlling expenses, and maintain or increase employee wages. Profits would be likely to allow for growth in its operations, not a reduction.
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If bonds are retired by an issuer by purchase on the open market at a price below the bonds' carrying value, a loss will result
Indicate whether the statement is true or false
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What will be an ideal response?
Marvin starts Marvin's Bike Company in Wheatland, South Dakota. There is one other bike store in Wheatland. Through good business management, Marvin's Bike Company obtains a great deal of market power in Wheatland. This acquisition of monopoly power is
a. a per se violation of Section 1 of the Sherman Act. b. an illegal restraint on trade. c. not an antitrust violation. d. a per se violation of Section 2 of the Sherman Act.
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What will be an ideal response?