The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction. Kyoko spends all of her money on paperback novels and mandarins. In 2012, she earned $14.00 per hour, the price of a paperback novel was $7.00, and the price of a mandarin was $2.00. Which of the following give the nominal value of a variable? Check all that apply. A) The price of a donut is $2.00 in 2012.B) Rina's wage is $14.00 per hour in 2012.C) Rina's wage is 2 paperback novels per hour in 2012.

Partnerships are the most common type of business firms in the world. t/f

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times

States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will