When the dollar gets stronger,
a. U.S. firms become more competitive in the international market.
b. foreign tourists travel in the U.S. at a higher cost.
c. U.S. inflation increases.
d. U.S. consumers face higher prices on foreign goods.
b. foreign tourists travel in the U.S. at a higher cost.
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An unconscionable contract is one that a court refuses to enforce because of
a. fundamental unfairness. b. illegality. c. its limit to free trade. d. overt vagueness.
Muehlberger Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.??Fixed Element per MonthVariable Element per Customer Served?Revenue?$4,800?Employee salaries and wages$58,200$1,300?Travel expenses?$500?Other expenses$40,800?A total of 28 customers were actually served during April.Required:Prepare a flexible budget for the actual level of activity for April.
What will be an ideal response?
A regression model with one independent variable, x1, resulted in an SSE of 50. When a second independent variable, x2, was added to the model, the SSE was reduced to 40. At ? = .05, determine if x2 contributes significantly to the model. The sample size for both models was 30.
What will be an ideal response?
A lateness measure can only be zero (0) or a positive number
Indicate whether the statement is true or false