In the Baumol model, increases in the T-bill rate suggest that:
A) fewer sales should be conducted each year.
B) average cash balances should be decreased.
C) the cost per sale of securities will increase.
D)average cash balances should be increased
Ans: B) average cash balances should be decreased.
Business
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Crystal is the production manager at Pawelk's, a vacuum cleaner manufacturer. When ordering from her supplier, she must ensure that it does all of the following EXCEPT ________
A) provides trusted quality B) meets product deadlines C) delivers appropriate quantities D) gives positive recommendations E) offers a competitive price
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For service organizations, customer relations are part of the supply chain and customers are part of the value chain
Indicate whether the statement is true or false
Business