A Firm That Discriminates Has ________ a Nonprejudiced Firm and ________

question 273

Multiple Choice

A firm that discriminates has ________ a nonprejudiced firm and ________.

• A) the same costs as; competes most often with imported goods and services
• B) the same costs as; can successfully maximize profit in a competitive industry
• C) lower costs than; drives other firms out of a competitive industry
• D) higher costs than; cannot survive in a competitive industry

---

Definitions:

Carrying Value

The book value of an asset on a company's balance sheet, calculated as the original cost minus accumulated depreciation or amortization.

Semiannual Interest

Interest calculated and paid twice a year on an investment or loan.

Issuance Date

The specific date on which a financial instrument, like a bond or stock, is officially issued and typically made available for sale.

Discount Bond

A bond sold for less than its face value and will mature at its face value, resulting in capital appreciation.