Capital budgeting is the ________
A) process of planning for investments in long-term assets
B) preparation of the budget for operating expenses
C) process of evaluating the profitability of a business
D) process of making pricing decisions for products
A
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A university enrolled 200 graduate students in the Fall of 2011. However, the enrollment rate was only slightly affected following a 12-percent hike in tuition the following fall. This illustrates ________ demand
A) derived B) negative C) highly elastic D) composite E) inelastic
Home nations discourage foreign direct investment outflows because it ________
A) discourages cooperation between countries B) replaces jobs in the home nation C) fails to protect the "sunset" industries in the home nation D) decreases long-term competitiveness of companies