In a free-market economy, companies generally have limited autonomy in deciding which customers they want to focus on and how they want to compete
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: In a free-market economy, companies generally have considerable freedom in deciding which customers they want to focus on and how they want to compete.
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Which of the following can be deduced about a three-year investment project that has a two-year payback period?
A) Both the NPV is positive and the IRR is greater than the cost of capital can be deduced. B) the IRR is greater than the cost of capital. C) Neither the NPV is positive nor the IRR is greater than the cost of capital can be deduced. D) the NPV is positive.
Which of the following statements about reinstated health insurance policies is CORRECT?
A) They only cover accidents that occur more than 1 month after reinstatement. B) Health insurance policies cannot be reinstated. C) Coverage for accidents and sickness begins immediately. D) They only cover illnesses that began more than 10 days after the policy is reinstated.