Statement 1 : No firm will stay in business more than one year if it is losing
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Statement 1 : No firm will stay in business more than one year if it is losing large sums of money. Statement 2 : Many dot-coms have lost money in the short run.
a) Statement 1 is true, and statement 2 is false.
b) Statement 2 is true, and statement 1 is false.
c) Both statements are true.
d) Both statements are false.
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The correct answer is b Statement 2 is true and statement 1 is false Heres why Statement 1 False Whi...View the full answer
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