Which of the following statements about premature death is (are) true?
I. From an economic standpoint, premature means death before a specified age, such as 65.
II. The economic problem of problem of premature death in the U.S. has declined substantially over time.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
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Nordstrom and Walmart primarily compete in overlapping industries with very different strategies. But, they both focus on realizing
a. Economies of scope. b. Economies of scale. c. Excellent customer service. d. Competitive advantage.
The cost approach uses:
a. sales comparables to determine the market value of a subject property b. the estimated construction costs minus estimated depreciation, in addition to the land value c. a capitalization rate to determine the property value d. the income approach to determine value