Many people who signed up for adjustable-rate mortgages during the sub-prime mortgage debacle were no longer able to afford their payments. Many of these people were misled by their lenders. Which financial principle from Chapter 1 most applies?

Qualitative research is used in international marketing research to formulate and define a problem more clearly and to determine relevant questions to be examined in subsequent research.

a. true b. false

A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower assembly needs for the next millennium

Currently, carpet, cylinders, yarn and fasteners are purchased in bulk from suppliers in North Haverbrook, Ogden, and Springfield in the quantities shown in the table. The super assembly facility would ship to distribution centers located in Seattle, Lubbock, Nashville, and Philadelphia. The locations of all of these cities on an x-y grid, transportation costs on a ton per mile basis, and total tonnage are all contained in the table. Sources/Markets Transportation Cost $/ton mile (Fn) Quantity in Tons (Dn) Xn Yn Supply North Haverbrook 1.1 650 700 1200 Ogden 1.2 450 250 600 Springfield 1.4 400 225 825 Market Seattle 2.25 300 50 1200 Lubbock 2.25 200 450 300 Nashville 2.25 500 800 250 Philadelphia 2.25 500 950 1100 What is the distance between the Ogden and Seattle locations? A) 450 miles B) 350 miles C) 630 miles D) 1050 miles