_____________________ is physical assets that can be owned. Can be real or personal property: automobiles, land, buildings

When management selects production technologies that include a high proportion of fixed costs, they:

A) decrease their NPV break-even level of sales. B) increase their DOL. C) reduce the NPV of their cash flows. D) decrease their DOL.

Many critics charge that the American marketing system causes ________ to be higher than they would be under more "sensible" systems.

A) imports B) exports C) prices D) product safety measures E) employee morals