Which of the following is not a typical characteristic of a linear programming problem?
A) Restrictions exist.
B) A choice among alternatives is required.
C) The problem can be solved graphically.
D) The problem has an objective.
Answer: C
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Intra-industry trade can be explained in part by
a. Adam Smith's principle of absolute advantage. b. perfect competition in product markets. c. diseconomies of large scale production. d. transportation costs between and within nations.
Industry analyst reports normally state the market share of a particular company. If this
information is not available, one can determine market share from ________. A) the product's stage in the product life cycle B) product life cycle and market penetration C) market size and total revenue D) the number of shares and the share price
The rights of a third party bene¬ficiary under a contract vest if the third party materially changes his or her position in justifiable reliance on the promise
Indicate whether the statement is true or false
Most large certificates of deposit are:
a. not negotiable because they are bank-made debts b. not negotiable because Article 3 does not allow them to be negotiable c. not negotiable because the payee would lose control d. not negotiable because the maker would lose control e. none of the other choices