Comparative edge is specializing actions in which they are

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A. More efficient
B. Less Efficient
C. Somewhat efficient
D. Least Efficient
✅ The correct answer is option A.
Comparative edge is specializing actions in which they are more efficient. Comparative advantage is an economic term that refers to an economy’s ability to produce goods and services at a lower opportunity cost than that of trade partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.

The ________ body of the presentation should be broken into short and clear units

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A. Main
B. Middle
C. Upper
D. Lower
✅ The correct answer is option A.
The main body of the presentation should be broken into short and clear units. The body is the part of the presentation between your introduction and your conclusion. It’s the longest part of the presentation, and its purpose is to get your key points across.

The variables whose coefficient vectors are unit vectors are called ____________.

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A. Unit Variables
B. Basic Variables
C. Non basic Variables
D. None of the above
✅ The correct answer is option B.
The variables whose coefficient vectors are unit vectors are called basic variables. The basic variables can be defined as the m variables which can take any value other than zero. Moreover, if the variables satisfy the non-negativity condition of the LP model, the basic solution created by them is called the basic feasible solution. The remaining variables are known as the non-basic variables.

Markets in which transactions are done through computers and telephone without any specific location are classified as

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A. past counter market
B. future counter market
C. over counter markets
D. capital counter market
✅ The correct answer is option C.
Markets in which transactions are done through computers and telephone without any specific location are classified as over counter markets. An over-the-counter (OTC) market is a market where trading is done directly between two parties, without any supervision. The difference between OTC markets and exchange markets, is that in exchange markets, trading occurs via exchanges.

Convenience products usually have intensive distribution because sales of these products tend to have a direct relationship to availability.

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A. TRUE
B. FALSE
Answer: Option A
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✅ The correct answer is option A.
Convenience products usually have intensive distribution because sales of these products tend to have a direct relationship to availability. A convenience product is a consumer product or service that customers normally buy frequently, immediately and without great comparison or buying effort.

What is that describes the duties of the job, authority relationship, skills requirement, conditions of work etc.

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A. Job analysis
B. Job enlargement
C. Job enrichment
D. Job evaluation
✅ The correct answer is option A.
Job analysis describes the duties of the job, authority relationship, skills requirement, conditions of work etc. Job analysis is the process of gathering and analyzing information about the content and the human requirements of jobs, as well as, the context in which jobs are performed. This process is used to determine placement of jobs.

Margin which must be maintained as soon as futures contract takes place is classified as

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A. spot margin
B. maintenance margin
C. futures margin
D. forwards margin
✅ The correct answer is option B.
Margin which must be maintained as soon as futures contract takes place is classified as maintenance margin. A maintenance margin is the minimum amount of equity that must be maintained in a margin account.

Liquidity premium theory, unbiased expectations theory and market segmentation theory are theories to describe

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A. term structure of segmentation
B. term structure of interest rate
C. term structure of premium
D. term structure of inflation
✅ The correct answer is option B.
Liquidity premium theory, unbiased expectations theory and market segmentation theory are theories to describe term structure of interest rate. The liquidity premium theory states that bond investors prefer highly liquid, short-dated securities that can be sold quickly over long-dated ones. The theory also contends that investors are compensated for higher default risk and price risk from changes in interest rates. Unbiased Expectations Theory states that current long-term interest rates contain an implicit prediction of future short-term interest rates. Market segmentation theory is a theory that long and short-term interest rates are not related to each other. It also states that the prevailing interest rates for short, intermediate, and long-term bonds should be viewed separately like items in different markets for debt securities.