Answers

TB

Answered

The marketing of services is identical to the marketing of products.

On Jul 12, 2024


False
TB

Answered

When marginal cost is ABOVE average variable cost,average variable cost must be:

A) at its minimum.
B) at its maximum.
C) falling.
D) rising.

On Jul 12, 2024


D
TB

Answered

During recessions the capacity utilization rate tends to

A) rise.
B) fall.
C) stay about the same.

On Jun 14, 2024


B
TB

Answered

A contra asset account for Land will normally appear on the balance sheet.

On Jun 12, 2024


False
TB

Answered

Explain why in a highly competitive market all stocks should plot on the same security market line.

On May 14, 2024


The security market line for all stocks will have the same intercept point, which is the risk-free rate of return as represented by the Treasury bill rate. In a highly competitive market, all stocks should be priced correctly so that the risk-reward ratio is constant. A constant risk-reward ratio would cause all stocks to plot on the same security market line due to the fact that the risk-reward ratio is the slope of that line.
TB

Answered

If the growth rate of employment is positive but labor productivity remains unchanged,which of the following is likely to happen?

A) Real GDP will either decrease or remain constant.
B) Real GDP will decrease.
C) Real GDP will remain constant.
D) Real GDP will either increase or remain constant.
E) Real GDP will increase.

On May 13, 2024


E