According to Estimates by Paul Kroger Associates, the Percent of Households

question 24

Multiple Choice

According to estimates by Paul Kroger Associates, the percent of households that own VCRs is given by where t is measured in years, with t = 0 corresponding to the beginning of 1985.What percent of households owned VCRs at the beginning of 1985? At the beginning of 1994?

• A)64.1%; 67.0%
• B)3.0%; 62.7%
• C)0.9%; 63.4%
• D)0.9%; 64.1%

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Definitions:

Political Risk

The risk of losing money due to changes in a country's political environment or policy.

Foreign Operations

Business activities and transactions conducted in countries other than the company's home country.

Parent Company

A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Forward Trade

A tailor-made agreement for buying or selling an asset at a future moment, based on a price established in the present, and not conforming to standard regulations.