Cambridge Corporation sold buildings and a machine for cash. Indicate which section, if any, this transaction would appear in, or relate to, on a statement of cash flows.

The demand for foreign currency is derived from the demand for that country's goods and services

a. True b. False Indicate whether the statement is true or false

If a market is contestable, the market will be characterized by

a. minimum-cost production methods and a competitive (normal) profit rate. b. high barriers to entry and a small number of suppliers. c. prices in excess of production costs and mergers leading to monopoly. d. a large number of suppliers offering a homogeneous product.