Property rights are static
Indicate whether the statement is true or false
FALSE
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Each of the following is true about the Internet's impact on the way business is conducted today, EXCEPT one. Identify the exception
A) It has facilitated high-speed communication among employees. B) It has empowered consumers with easy access to information. C) It can be used as a powerful sales channel. D) It has facilitated mass marketing but not the sale of customized products. E) It enables marketers to use social media to advertise their products.
According to Table M7-1, it is currently profitable to produce some units of X1 and the current profit per unit of X1 is $20. What is the lowest value that this could be to allow this variable to remain in the basis?
A) 8 B) 16 C) 20 D) 30 E) None of the above