Which of the following is considered research and development costs?
a. Planned search or critical investigation aimed at discovery of new knowledge.
b. Translation of research findings or other knowledge into a plan or design for a new product or process.
c. Neither a nor b.
d. Both a and b.
Answer: d. Both a and b.
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Suppose that the feasible region of a maximization LP problem has corners of (0,0), (10,0), (5,5), and (0,7). If profit is given to be $X + $2Y what is the maximum profit the company can earn?
A) $0 B) $10 C) $15 D) $14 E) $24
The efficient markets hypothesis is weakened by evidence that
A) stock prices tend to follow a random walk. B) stock prices are more volatile than fluctuations in their fundamental values can explain. C) technical analysis does not outperform the overall market. D) an investment adviser's past success or failure at picking stocks does not predict his or her future performance.