Your boss is trying to decide whether to buy out a rival company and asks for your advice.The boss says that she will buy the rival if there is evidence that the rival is operating inefficiently.(Your company will then improve its efficiency and increase profits. )She will not buy the rival if there is evidence that the rival is already operating efficiently.Your boss gives you the following data on the rival's operations: The average product of labor is 4,the marginal product of the last worker hired is 10,the wage is $20,and the price of output is $5.Based on this information,you should tell your boss to buy the rival.

Jared buys a kayak from a Lake Craft store, which agrees to keep it for him until he picks it up. Before Jared gets the kayak, an unforeseen tornado destroys the store and the goods. The loss is suffered by

A) Jared.
B) the maker of the kayak.
C) Lake Craft.
D) the government agency that failed to foresee the tornado.

In a trend income statement for 2012,where 2012 is the base year,sales are expressed as

A) 84.4%
B) 92.6%
C) 100.0%
D) 150.5%

The _____ audience receives the message first and routes it to other audiences.

A) initial
B) primary
C) watchdog
D) secondary

Which of the following is false regarding bankruptcy proceedings?

A) Some type of payment plan is created and approved, usually by the creditors and the court.
B) Debts remaining after the plan is carried out are usually discharged.
C) Bankruptcy proceedings start with a finding of insolvency.
D) All bankruptcy cases begin with a filing of petition for bankruptcy.
E) The court determines whether an order of relief should be granted.

An E-factor measurement indicates how many weight units of output one gets per weight unit of input.