7.
how can the demand for one good be affected by increased demand for another one?
a) when goods are bought together, increased demand for one will decrease demand for the other.
b) if goods are used together, increased demand for one will increase demand for the other.
c) if goods are substitutes for each other, increased demand for one will increase demand for the other.
d) a drop in price for a good will increase demand for the good and its substitute.
8.
how does the price range affect the elasticity of demand for a product?
a) demand for all goods is elastic if the price is low enough.
b) demand for a good can be elastic at a low price but inelastic at a high price.
c) demand for a good can be inelastic at a low price, but elastic at a high price.
d) price range has little or no effect on elasticity of demand for a good.

The risk-free rate is 7% and the expected rate of return on the market portfolio is 11%. a. calculate the required rate of return on a security with a beta of 1.92. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. if the security is expected to return 15%, is it overpriced or underpriced?

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false