Public goods are those for which there

A) is no free-rider problem.
B) are not any externalities.
C) is nonrivalry and nonexcludability.
D) is rivalry and excludability.

A hedge ratio for a put is always

A) equal to one.
B) greater than one.
C) between zero and one.
D) between negative one and zero.
E) of no restricted value.

The Golem effect refers to the loss in performance resulting from low expectations on the boss's part.

All of the following are reasons why people resist planned change EXCEPT:

A) not seeing any reason for the change.
B) feeling overwhelmed.
C) self-centred, narrow-minded thinking.
D) feeling incapable of performing well under the new system.
E) not understanding what is happening or what comes next.

Refer to Table 13-15. What is the shape of the average-variable-cost curve?

Which of the following statements is true of training?

A) It focuses on improving problem-solving and decision-making skills rather than on operational skills.
B) It is solely aimed at helping top-level managers improve their efficiency.
C) It is considered a finance management function in most organizations.
D) It usually involves teaching technical employees how to do their jobs more effectively and efficiently.