A company is concerned that the value of its accounts receivable from overseas will decrease due to a shift in exchange rate. What type of exchange exposure is the company concerned about?
a. Long-run exposure.
b. Short-run exposure.
c. Economic exposure.
d. Translation exposure.

Which stroke of the four-stroke cycle is shown in the above figure? a. power b. compression c. exhaust d. intake

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.