If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $0.90 and the loss resulting from that unit if it is not sold (Co) is $0.50, which of the following is the probability of the last unit being sold?
A. Greater than 0.357
B. Greater than 0.678
C. Greater than 0.400
D. Greater than 0.556
E. None of these
Answer: A
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In a company's merit pay program, an individual's compa-ratio represents
A. the individual's pay relative to the individual's performance rating. B. the average worth of the skills possessed by the individual. C. the individual's pay relative to company's average pay for that position. D. the ratio of the individual's pay to benefits. E. the individual's worth versus that of others in the organization.
The __________ gives shareholders who elect such a right in the articles of incorporation the power to dissolve the corporation
a. appraisal remedy b. U.C.C. c. Statutory Close Corporation Supplement d. None of these.
What is considered in determining the scope of an agent's implied authority?
Caterpillar collects and analyses large volumes of data about how customers use their tractors. This permits them to ________ the cost of new product development efforts and to better ________ their products.
A. increase; differentiate B. identify; disperse C. reduce; differentiate D. position; understand