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53. Daniel derives utility from only two goods, cake, and doughnuts. The quantity of cake is Qc, and the quantity of doughnuts is Q d.

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53. Daniel derives utility from only two goods, cake, and doughnuts. The quantity of cake is Qc, and the quantity of doughnuts is Q d. If Daniel has an income of $240 and the price of cake (c) and the price of doughnuts (Pd) are each SI, what is Daniel's budget constraint? A. $240=Pc+Pd B. $240=(PcQc)+(PdQd) C. $240=Qc0d D. $240=PcPd 54. Multinational financial management is subject to political risk primarily because A. cash flows are denominated in different currencies. B. nations can change rules, regulations, and policies. C. there are language and cultural barriers. D. natural disasters have differential effect. 55. Which of the following costs is included in the cost per unit as part of a manufacturing company's finished goods inventory? A. Factory rent. B. Advertising C. Interest expense D. Freight-out shipping 56. Which of the following falls under the statute of frauds? A. A landlord-tenant lease agreement B. Anticipatory repudiation C. A six-month employment contracts. D. A contract involving the sale of land

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