True or false? when a brand becomes very popular value becomes a competitive advantage because customers equate brand with quality

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery

Suppose that two countries, britain and the u.s. produce just one good - beef. suppose that the price of beef in the u.s. is $2.80 per pound, and in britain it is £3.70 per pound. according to ppp theory, what should the $/£ spot exchange rate be? suppose the price of beef is expected to rise to $3.10 in the u.s. and to £4.65 in britain. what should be the one year forward $/£ exchange rate?

Aplant manager is considering buying additional stamping machines to accommodate increasing demand. the alternatives are to buy 1 machine, 2 machines, or 3 machines. the profits realized under each alternative are a function of whether their bid for a recent defense contract is accepted or not. the payoff table below illustrates the profits realized (in $000's) based on the different scenarios faced by the manager. alternative bid accepted bid rejected buy 1 machine $10 $5 buy 2 machines $30 $4 buy 3 machines $40 $2 refer to the information above. assume that based on historical bids with the defense contractor, the plant manager believes that there is a 65% chance that the bid will be accepted and a 35% chance that the bid will be rejected. what is the expected value under perfect information (evpi)?