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What is not a necessity for strong ethical leaders to make good decisions?

A) Pertinent information
B) Courage
C) Experience making the right decisions
D) Knowledge
E) The ability to coerce subordinates

On Jul 25, 2024


E
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As resources are scarce,_____.

A) opportunity costs are zero.
B) people must make choices among alternatives.
C) all human wants and desires can be satisfied.
D) resource prices are fixed.
E) commodities are free.

On Jul 22, 2024


B
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Freely functioning markets in the real world always result in efficient allocations of resources.

On Jun 23, 2024


False
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What is TRUE about every point along a utilities possibilities frontier?

A) Markets are perfectly competitive.
B) It is possible to move to from one point on the frontier to another point and make everyone better off.
C) All allocations are efficient.
D) It includes some unattainable points.

On Jun 20, 2024


C
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Choose the sentence type of the following sentence. Rinji uses a debit card, and Nikki pays by check.​

A) ​Simple
B) ​Compound
C) ​Complex
D) ​Compound-complex

On May 24, 2024


B
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A company has an investment project that will cost $2 million today and yield a payoff of $3 million in 5 years. If the interest rate is 7%, should the firm undertake the project? Show evidence to support your answer.

On May 21, 2024


With a 7% interest rate, the present value of the $3 million payoff is $2,138,958.54. Because the present value of the payoff is higher than the initial investment, the firm should undertake the project.