The decline of the United States' standing as a dominant industrial power is considered a(n) _____ decline because it reflects the faster economic growth of other economies.
Fill in the blank(s) with the appropriate word(s).
Answer: relative
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Which of the following is a NOT a disadvantage of person-administered surveys?
A) They are slower than other methods. B) They are more expensive. C) They are prone to errors. D) They are rigid, not adaptable. E) Respondents may fear interview evaluation.
Valuable Electronics uses a standard part in the manufacture of different types of radios
The total cost of producing 42,000 parts is $100,000, which includes fixed costs of $40,000 and variable costs of $60,000. The company can buy the part from an outside supplier for $1 per unit and avoid 20% of the fixed costs. Assume that the company can use the freed manufacturing space to make another product that can earn a profit of $16,000. If Valuable outsources, what will be the effect on operating income? A) increase of $42,000 B) decrease of $42,000 C) decrease of $8,000 D) increase of $16,000