Productivity is measured as the ratio of inputs to outputs
Indicate whether the statement is true or false.
Answer: FALSE
Business
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Johnson negotiated a $20,000 loan to purchase his home. He was charged four points to get the loan. The loan required 2% of the original amount as a prepayment penalty. Monthly payments were $163, including interest at 8% per annum. Five years later, Johnson sold his home and paid the loan in full. If, during the time he had it, the loan had an average outstanding balance of $18,500, what was the lender's gross earnings:
A: $6,750; B: $6,840; C: $7,140; D: $8,600.
Business
Which of the following is most useful for developing information that might lead to breakthrough products?
a. survey research b. focus groups c. conjoint studies d. customer visit programs e. concept tests
Business