Mutual funds are required to hire chief compliance officers whose job is to monitor whether the mutual fund company follows exchange and regulatory rules.

Why do German companies willingly take a conservative position in calculating income?

A. To minimize tax B. To keep employees from asking for higher wage C. To report stable income over time for dividend purposes D. All of the above

Total demand drops from 500 to 400 units when a retailer increases car wash prices from $3 to $4 . Price elasticity of demand (expressed as a positive number) equals _____

a. 0.57 b. 0.78 c. 1.75 d. 2.60