Angelica and celeste invested all their savings in a small pizzeria they opened outside the university of missouri. they operated the business as a general partnership. after 11 months, the business went broke and angelica and celeste were left with outstanding bills of $43,650, which was more than their initial investment in the company. angelica and celeste can:

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.

What is the difference between the contractual interest rate and the market interest rate?

Wisconsin snowmobile corp. is considering a switch to level production. cost efficiencies would occur under level production, and after tax costs would decline by $36,000, but inventory would increase by $300,000. wisconsin snowmobile would have to finance the extra inventory at a cost of 13.5 percent. a. determine the extra cost or savings of switching over to level production. should the company go ahead and switch to level production? b how low would interest rates need to fall before level production would be feasible?