_____ is an economy in which the dominant businesses are large companies run by managers who are on salary.

Fill in the blank(s) with the appropriate word(s).

Ans: Managerial capitalism

Business

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The payback period for evaluating capital investment projects emphasizes:

a. Average after-tax cash inflow divided by average investment. b. Profitability. c. Cost of capital. d. Liquidity. e. Average net income divided by average investment.

Business

A post-and-beam frame house is built

a. with studs that extend from the first floor to the ceiling of the second story b. one story at a time c. with posts within the house that support beams d. with interior supporting walls

Business