Dishonesty in business dealings is called

a. fraud
b. cheating
c. theft
d. corruption
e. b, c, and d

a. fraud

Economics

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A shipping company can buy either a new truck or a used truck. Each truck will generate $4,000 in net revenue per year. But the new truck has a useful life of three years, whereas the used truck has a useful life of only two years. If the interest rate is 5 percent (0.05) per year, what is the difference in value between the two trucks? (Assume that each year's revenue is received at the end of

the year.) a. $0 b. $4,000.00 c. $3,455.35 d. $1,185.19 e. $8,000.00

Economics

A change in the price of a good will shift the indifference curves

a. True b. False Indicate whether the statement is true or false

Economics