The direct costs of bankruptcy are estimated to be far greater, as a percent of assets, than the indirect costs of bankruptcy

A firm in a homogeneous market that has the ability to augment its product is more likely to need to meet a competitive price reduction than one that does not have the ability to augment its product

Indicate whether the statement is true or false

If all the variables in a model are under the control of the decision maker, then the model is considered to be:

A) probabilistic B) random C) mathematical D) schematic E) deterministic