If a firm can earn ________, the firm is creating value for its shareholders
A) diminishing returns
B) above-average returns
C) marginal returns
D) market-average returns
Answer: B
Business
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Railroads are best for carrying coal, iron ore, grain, and lumber over long distances
Indicate whether the statement is true or false
Business
All of the following are questions to ask about demand patterns and their underlying causes EXCEPT ____________
a. Do demand levels follow a predictable cycle? b. What are the underlying causes of these cyclical variations? c. How much demand are competitors receiving? d. Do demand levels seem to change randomly? e. Can demand for a particular service over time be disaggregated by market segment?
Business