Suppose that Tip can write 5 pages of term papers or solve 10 workbook problems in an hour, while Spot can write 2 pages of term papers or solve 2 workbook problems in an hour.If they each decide to work a total of 6 hours and to share their output, then if they produce as many pages of term paper as possible given that they produce 25 workbook problems,

A) Spot will spend all of his time writing term papers and Tip will spend some time at each task.
B) Tip will spend all of his time writing term papers and Spot will spend some time at each task.
C) both students will spend some time at each task.
D) Spot will write term papers only and Tip will do workbook problems only.
E) Tip will write term papers only and Spot will do workbook problems only.

Most marketing plans establish the size and needs of target segments but not the details of the marketing mix.

Pure monopolists

A) maximize MR.
B) are price takers.
C) operate where P > MC.
D) face demand curves that are perfectly inelastic.

Statement I.Five large unions withdrew from the AFL-CIO in 2005 because of concern over declining union membership.
Statement II.There is no evidence that labor unions have raised wages.

A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

In equilibrium,high risk stocks would typically be accompanied by​

A) ​low returns
B) no returns
C) high returns
D) ​no sales-no one would buy risky stocks

A process cost accounting system records all actual factory overhead costs directly in the work in process account.

A sole proprietor is considered a separate legal entity for purposes of incorporation.

______ are executives who develop and implement the firm's financial plan and determine the most appropriate sources and uses of funds.

A) Financial managers
B) Chief Executive Officers
C) Chief Operating Officers
D) Board of Directors