The first derivative of the fixed cost line is ________

Fill in the blank with correct word.

Answer: zero

Business

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Which of the following statements is FALSE? Pay day loan companies

A)specialize in small unsecured loans to individuals B) can be regulated by provincial legislation C) can charge greater than the criminal annual rate of interest D) have become major lenders for home mortgages E) have become a large industry in Canada

Business

Hudson Manufacturing is an MNE based in the U.S. with operations in Asia. The firm is considering expansion into the European Union. Executives at the firm are debating whether central Europe or Eastern Europe would be best for the firm

Which of the following best supports a decision to establish operations in Eastern Europe? A) Hudson wants to implement a high-performance work system. B) Hudson plans to staff the foreign facility with local managers. C) Hudson wants to minimize costs by keeping wages low. D) Hudson recently lost money in a joint venture.

Business