The first unit of production takes 20 hours to produce and the learning rate is expected to be 90 percent. How long will it take to produce the twelfth unit?
A) less than or equal to 11.0 hours
B) greater than 11.0 hours but less than or equal to 13.0 hours
C) greater than 13.0 but less than or equal to 15.0 hours
D) greater than 15.0 hours
C
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A message is clear ONLY when ________
A) it contains information that is easily interpreted or understood B) it has been agreed upon by both the sender and the receiver C) it has been spoken in a voice that can be easily understood D) it has been written in words that anybody can understand
Assume that the U.S. interest rate is 11 percent while the interest rate on the euro is 7 percent. If a U.S. firm borrows euros, the euro would have to ____ against the dollar by ____ in order to have the same effective financing rate as borrowing dollars
a. depreciate; about 3.74 percent b. appreciate; about 3.74 percent c. appreciate; about 4.53 percent d. depreciate; about 4.53 percent