If a business sells two products, it is not possible to estimate the break-even point

Indicate whether the statement is true or false


False

Business

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Considering Michael Porter's five factors that determine the nature and degree of competition in an industry, we can say that the fast-food hamburger industry is characterized by

A. intense rivalry. B. strong suppliers. C. strong buyers. D. ease of entry into the industry.

Business

What determine(s) the risk of investing in a bond issue, which in turn affects the interest rate investors demand and therefore the bond's price?

a. industry economic characteristics b. the financial health of a firm c. particular provisions of a bond issue d. all of the above e. none of the above

Business

Which of the following is a negotiable instrument?

A) Guarantee B) Cheque C) Promissory Note D) B and C E) A and C

Business

Consider that you are getting ready to leave outside in the morning, and weather forecasters predict rain. You getting wet or staying dry and being burdened with carrying a raincoat or not are all examples of ______.

a. consequences b. states of nature c. payoffs d. decision alternatives

Business