If a project's expected return is 15%, which represents a 35% return in a booming economy and a 5% return in a stagnant economy, what is the probability of a booming economy?

A) 18.33%
B) 25.00%
C) 33.33%
D) 50.00%

Ans: C) 33.33%

Business

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Which form of organization is free of initial legal requirements?

A) general partnership B) sole proprietorship C) corporation D) both A and B

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If a technology makes possible the creation of a wide range of new products, it would most likely be considered?

a. general purpose technology b. supplementary technology c. complementary technology d. fixed technology

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