All of the Following Statements About Manufacturers Are Accurate Except

question 209

Multiple Choice

All of the following statements about manufacturers are accurate except:

• A) large manufacturers are few in number yet produce the highest percentage of value added within the manufacturing industry.
• B) most U.S. factories operate in large metropolitan areas.
• C) the greatest growth in manufacturing has occurred in countries where labor is cheap.
• D) NAICS codes help marketers classify different types of manufacturing businesses.
• E) manufacturing output in the United States is shrinking.

Understand the fundamental role of insurance in economy.

Grasp the implications of the efficient markets hypothesis for stock selection.

Comprehend the concept of utility and how it relates to financial decisions.

Recognize the characteristics and implications of being risk-averse.

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