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NEW QUESTION: 1
There are 1,000 identical firms in a purely competitive industry. In the short run, the total revenues of each firm are less than total costs. What will happen in the long run?
A. Firms will exit the market and the product price will rise.
B. Additional firms will enter the market, but the price will remain the same because the existing firms will not allow it to decrease.
C. Additional firms will enter the market and price will be driven down to where each firm will be making just enough to stay in business (cover its variable costs).
Answer: A
Explanation:
In the long run, under economic losses, firms will exit the industry. The contraction in supply caused by this exit will serve to increase the price of the good. Zero economic profits will be restored.
NEW QUESTION: 2
A forensic analyst is asked to respond to an ongoing network attack on a server. Place the items in the list below in the correct order in which the forensic analyst should preserve them.
Answer:
Explanation:
Explanation
When dealing with multiple issues, address them in order of volatility (OOV); always deal with the most volatile first. Volatility can be thought of as the amount of time that you have to collect certain data before a window of opportunity is gone. Naturally, in an investigation you want to collect everything, but some data will exist longer than others, and you cannot possibly collect all of it once. As an example, the OOV in an investigation may be RAM, hard drive data, CDs/DVDs, and printouts.
Order of volatility: Capture system images as a snapshot of what exists, look at network traffic and logs, capture any relevant video/screenshots/hashes, record time offset on the systems, talk to witnesses, and track total man-hours and expenses associated with the investigation.
NEW QUESTION: 3
Formal, documented instructions for reporting security breaches are referred to as:
A. Sanction policy
B. Response and Reporting
C. Emergency Access Procedure
D. Risk Management
E. Business Associate Contract
Answer: B
NEW QUESTION: 4
LM are just about to pay a dividend of 20 cents a share. Historically, dividends have grown at a rate of
5% each year.
The current share price is $3.05.
The cost of equity using the dividend valuation model is:
A. 6.9%
B. 7.4%
C. 12.4%
D. 11.9%
Answer: C
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