#1:ELENA
Questions:
1.
Should this person open a
new credit card? Why or
why not?
• Freshman in college, living on college
campus
• Her parents pay room and board
What's one more piece of
evidence you'd like to
know about this individual
before making an ultimate
decision on whether they
should open the account?
Has loans, grants, scholarships covering
tuition
Has own checking and savings accounts
and a 10-hour per week work study job
Does not currently have any credit cards
3.
If they do open the new
credit card account, what's
one thing this individual
should monitor or use
caution about?
bud They

If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

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