High fixed costs and low variable costs are typical of which approach?

a) product
b) process
c) mass customization
d) repetitive
e) a and c

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Why has the free enterprise system been modified to include some government intervention?