Professional Documents
Culture Documents
28. As industries mature they tend to become (CORRECT IS B, BUT I THROUGH THIS
QUESTION OUT AS IT REQUIRES INFORMATION NOT YET DEVELOPED IN CLASS
EVERYONE GOT CREDIT)
a. perfect competitions
b. oligopolies
c. monopolies
d. insufficient information to determine
29. The cost of striking a contract D (79%)
a. is typically borne by the buyer
b. is zero if both parties trust each other
c. both of the above
d. none of the above
30. More expensive regulatory mechanisms may D (83%)
a. cause supply to decrease
b. cause increase tax to the general public
c. cause demand to decrease
d. all of the above
31. Cost of capital refers to D
a. the size of the investment a firms needs to make to product differentiate
b. inflationary effects
c. both of the above
d. none of the above
32. Data from the Starbucks case suggests that revenue is increasing, net income is increasing,
global presence is increasing, and number of stores is increasing. In spite of these positive
performance indicators, stock price has trended down for several years. This suggests B
a. stock price movement is irrational
b. future economic profit is not expected to grow under the firms current strategy
c. investors believe that Starbucks has no future without Mr. Schultz as CEO
d. coffee is overpriced
33. My best estimate of my score on this quiz is (ANY ANSWER GOT FULL CREDIT)
a. 90% correct or above
a. 80 -90% correct
b. 70 80% correct
c. less than 70% correct
Quiz Statistics:
76.68
78.00
12.08
105
45
AVG
MEDIAN
SD
MAX
MIN