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Do I need to buy EBK FINANCIAL STATEMENT ANALYSIS | 11th Edition to pass the class?

ISBN: 8220102801042

EBK FINANCIAL STATEMENT ANALYSIS | 11th Edition - Solutions by Chapter

Do I need to buy this book?
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70% of students who have bought this book said that they did not need the hard copy to pass the class. Were they right? Add what you think:


Rodrigo from Michigan State University said

"If I knew then what I knew now I would not have bought the book. It was over priced and My professor only used it a few times."

Edition: 11
ISBN: 8220102801042

Since problems from 0 chapters in EBK FINANCIAL STATEMENT ANALYSIS have been answered, more than 200 students have viewed full step-by-step answer. This expansive textbook survival guide covers the following chapters: 0. EBK FINANCIAL STATEMENT ANALYSIS was written by and is associated to the ISBN: 8220102801042. The full step-by-step solution to problem in EBK FINANCIAL STATEMENT ANALYSIS were answered by , our top Business solution expert on 11/06/18, 07:54PM. This textbook survival guide was created for the textbook: EBK FINANCIAL STATEMENT ANALYSIS, edition: 11.

Key Business Terms and definitions covered in this textbook
  • business cycle

    fluctuations in economic activity, such as employment and production

  • circular-flow diagram

    a visual model of the economy that shows how dollars flow through markets among households and firms

  • collusion

    an agreement among firms in a market about quantities to produce or prices to charge

  • dominant strategy

    a strategy that is best for a player in a game regardless of the strategies chosen by the other players

  • economies of scale

    the property whereby long-run average total cost falls as the quantity of output increases

  • efficient scale

    the quantity of output that minimizes average total cost

  • internalizing the externality

    altering incentives so that people take account of the external effects of their actions

  • labor-force participation rate

    the percentage of the adult population that is in the labor force

  • libertarianism

    the political philosophy according to which the government should punish crimes and enforce voluntary agreements but not redistribute income

  • marginal product

    the increase in output that arises from an additional unit of input

  • marginal rate of substitution

    the rate at which a consumer is willing to trade one good for another

  • median voter theorem

    a mathematical result showing that if voters are choosing a point along a line and each voter wants the point closest to his most preferred point, then majority rule will pick the most preferred point of the median voter

  • Nash equilibrium

    a situation in which economic actors interacting with one another each choose their best strategy given the strategies that all the other actors have chosen

  • nominal exchange rate

    the rate at which a person can trade the currency of one country for the currency of another

  • reserve requirements

    regulations on the minimum amount of reserves that banks must hold against deposits

  • rivalry in consumption

    the property of a good whereby one person’s use diminishes other people’s use

  • signaling

    an action taken by an informed party to reveal private information to an uninformed party

  • sunk cost

    a cost that has already been committed and cannot be recovered

  • utility

    a measure of happiness or satisfaction

  • world price

    the price of a good that prevails in the world market for that good