Which of the following is true? a) monopolistic competition and perfect competition are both inefficient. b) monopolistic competition is efficient because of product differentiation. c) the inefficiency of monopolistic competition may be a small price to pay for the wide range of product choices it offers. d) the inefficiency of monopolistic competition is a result of advertising expenses.

Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion,gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify: