Your parents spent $7,800 to buy 200 shares of stock in a new company 12 years ago. The stock has appreciated 14.6 percent per year on average. What is the current value of those 200 shares?

An example of a variable cost is:

A) a payment to your raw materials supplier. B) a lease payment on a piece of equipment. C) a mortgage payment on buildings. D) a monthly licensing fee for a software package.

Use the information provided in Table 1.2. What is the multifactor productivity of the current process?

A) less than or equal to 8.0 B) greater than 8.0 but less than or equal to 10.0 C) greater than 10.0 but less than or equal to 12.0 D) greater than 12.0