If the opportunity cost of 1 wristwatch is 4 wall clocks in Japan and 2 wall clocks in Germany, it makes sense for Germany to produce wristwatches
Indicate whether the statement is true or false
TRUE
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A slope is measured as the
A) value of the variable measured on the y-axis divided by the value of the variable measured on the x-axis. B) value of the variable measured on the x-axis divided by the value of the variable measured on the y-axis. C) change in the value of variable on the y-axis divided by the change in the value of the variable on the x-axis. D) value of the variable measured on the y-axis minus the value of the variable measured on the x-axis. E) value of the variable measured on the x-axis minus the value of the variable measured on the y-axis.
Kendrick wants to start a tax preparation company and is going to his bank to borrow $50,000. This is an example of
A) direct finance. B) indirect finance. C) a primary market transaction. D) a secondary market transaction.