​What are diseconomies of scope?

A) ​the cost of producing two products jointly by one firm is more than the cost of producing them separately
B) the cost of producing two products jointly by one firm is lesser than the cost of producing them separately
C) the cost of producing two products jointly by one firm is equal to the cost of producing them separately
D) ​none of the above

When reviewing loan applications, Jessica, a loan officer at A+ credit union, always examines the amount of cash and marketable securities that applicants have on hand. She reviews historical, current, and projected cash flows of a business to gauge whether applicants are able to repay the loan. These activities best describe which of the five "C's" of credit?

A) Capacity
B) Capital
C) Collateral
D) Character

A person can become an HDC only if he or she knows or has reason to know that an instrument is defective and is willing to assume the risk of its dishonor.

A firm has a short-run cost function c(y)  3y  14 for y  0 and c(0)  10.The firm's quasi-fixed costs are

A) $10.
B) $4.
C) $9.
D) $14.
E) They are not possible to determine from this information.

Which of the following combinations results does not result in the same amount of net income reported on the income statement?

A) Total revenues of $80,000 and total expenses of $60,000.
B) Total revenues of $170,000 and total expenses of $150,000.
C) Total revenues of $60,000 and total expenses of $40,000.
D) Total revenues of $70,000 and total expenses of $60,000.
E) Total revenues of $40,000 and total expenses of $20,000.

For which type of bonds,interest is exempt from state income taxes?

A) Corporate bonds
B) U.S.Treasury bonds
C) Junk bonds
D) Financial institution bonds