Purchasing a profitable supplier increases profit only if
a. You pay equal to the value of the company's inventory
b. You pay higher than the value of the company's future profits
c. You pay lower than the value of the company's discounted future profits
d. You pay lower than the value of the company's undiscounted future profits
c
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In the early 1900s, Henry Ford revolutionized the automotive manufacturing industry by instituting the assembly line. What impact did the assembly line method for producing automobiles have on the per-worker production function for Ford?
A) It shifted down. B) It became flatter. C) It shifted up. D) It became linear.
Which statement is true?
A. President Eisenhower did not attempt to undo the legacies of the New Deal, such as Social Security and unemployment insurance. B. There was a major tax increase in 1964. C. A war in Vietnam and a "war on poverty" in the Johnson Administration helped to reduce the federal budget deficit. D. None of the choices are true.