Economies of scale exist when the long run average cost curve:

A. falls

B. rises

C. remains constant

D. becomes vertical

E. does not exist

Using the Boston Consulting Group growth-share matrix, the managers of Xylicon International determined that their business unit devoted to personal health monitoring devices was a star.

Tech Performance, Inc., completes programming and other tech services for Uno IT Products Corporation. When Uno IT's computer system crashes, it loses $500,000 worth of business and pays $100,000 to have the system reprogrammed.

A company is considering two projects. Project I Project II Initial investment $120,000 $120,000 Cash inflow Year 1 $40,000 $20,000 Cash inflow Year 2 $40,000 $20,000 Cash inflow Year 3 $40,000 $32,000 Cash inflow Year 4 $40,000 $48,000 Cash inflow

Galla Inc. operates in a highly competitive market where the market price for its product is $181 per unit. Galla desires a $19 profit per unit. Galla expects to sell 6,100 units.

Adam smith believed that producers make economic decisions

In which year were tobacco commercials banned from network television in the united states?

Maggie's manager notices that she exhibits an external locus of control when she speaks about her work. Her manager should Group of answer choices a. direct Maggie toward a job with more autonomy. b.

Consider this argument: "The kidnappers have taken eight people hostage and are holding them at a farmhouse just outside town. If the SWAT team assaults the farmhouse, the hostages could be killed.

Rent seeking is an attempt to A. use the government for individual benefit at the expense of others. Regulatory capture is an example of this, where a regulatory agency makes decisions benefiting the firm being regulated. B.

An Insurance company is a business in which it pays to the company if there is a loss, damage, treatments or injury for the payment of premium amount. It calculates the risks that has occurred and pays to compensate the premium amount.