1. A firm acquires a strategically related target after successfully fending off four other bidding firms. Under what conditions, if any, can the firm that acquired this target expect to earn an economic profit from doing so?
A) There are no conditions
B) The bidding firm can realize an economic profit if the bid price is less than the value of the combined entity
C) The bidding firm can realize an economic profit if the bid price is more than the value of the combined entity
D) None of the above
2. Which of the following is a means to counter overproduction?
1. Keep moving things around
2. keep resources busy
3. produce at the volume of actual demand
4. produce expected demand
3. Use the activity table below. Find the project completion time. what is the total cost for all tasks on the completion line only.
activity predecessor time: (days) costs: ($)
1 - 3 300
2 1 2 350
3 2 10 1250
4 2 6 880
5 3 5 675
6 4,5 3 325
4. Discuss the demographics of ONE of: a) African-Americans; b) Latin Americans; or c) Asian Americans in America.