An antique cabinet is being sold by means of an English auction.There are four bidders, Holly, Penelope, Minnie, and Sheila.These bidders are unacquainted with each other and do not collude.Holly values the cabinet at $1,600, Penelope values it at $1,350, Minnie values it at $2,100, and Sheila values it at $1,100.If the bidders bid in their rational self-interest, the cabinet will be sold to

A) Holly for about $1,600.
B) Minnie for about $2,100.
C) either Minnie or Holly for slightly more than $1,600.Which of them actually gets it is randomly determined.
D) Minnie for slightly more than $1,600.
E) None of the above.

ThroHon Tech considers its customers to be co-innovators and believes in involving them in the innovation process. It has begun its own innovation management software that can be accessed by a Web browser for tracking innovation programs. This software is a platform that provides complete data starting from the base idea up to the execution process of an entire program. This allows global customers who are technically proficient to suggest improvements and provide their views. This initiative by ThroHon Tech exemplifies the use of _____.

A) balanced benchmarking chains
B) open innovation platforms
C) market trading analyses
D) proactive invention plans

Predictions, opinions, and promissory statements ordinarily do not constitute bases of fraud.

Balance theory predicts that tension is greatest when group members

A) do not know if they like or dislike each other.
B) agree with each other and like each other.
C) disagree about what procedures to use.
D) disagree with each other and like each other.
E) dislike each other.

When a company is involved in more than one activity in the entire value chain, it is vertically integrated.

What was Lucas' times interest earned ratio?

A) 18.9
B) 19.4
C) 28.3
D) 31.0