A transportation table that has a cell evaluation of 0 means that:
A) the table is optimal.
B) an equivalent alternative solution exists.
C) supply and demand are equal.
D) the solution is not optimal.
Answer: B
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The ________ theory is the most widely accepted theory of the term structure of interest rates because it explains the major empirical facts about the term structure so well
A) liquidity premium B) market segmentation C) expectations D) none of the above
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