Use the three-step demand -supply analysis described below to analyze changes to the equilibrium price, and quantity in the California electricity market when a hotter than normal summer increases the use of electricity. Step 1: Decide if hot weather shifts the electricity demand or the supply curve or both: hot weather increases the use of air conditioners therefore it affects the supply curve. hot weather increases the use of air conditioners therefore it affects the demand curve. hot weather increases the use of air conditioners therefore it affects both the demand and supply curves. hot weather does not affect electricity demand or supply.

2. If an employee is paid with a(n) __ , their __ paycheck will always be the same dollar amount.

Between $2007-2016$ how did companies spend over half their earnings? Stock buybacks Expanding New products

Which of the following statements is false? opportunity costs may be either explicit costs or implicit costs money must change hands before a cost can be incurred cost implies that a sacrifice has been made no monetary payment takes place when an implicit cost is incurred none of the above

You can use the __ to check which cells are referenced in the formula assigned to the active cell. Formula Finder Ranger Finder Calculation Finder Function Finder

What market did mainstream businesses begin pursuing in the 1950 s? White female consumers Asian American consumers Eastern and Southern European immigrant consumers African American consumers

Which of the following is not one of the four elements of marketing? Place Product Promotion Price

Multiple Choice 1 point Accepting a return is what type of process? Structured process Dynamic process Unstructured process Kinetic process Benchmarked process

The Consumer Price Index. __ Measures the change in all prices of final products in the macroeconomy Measures the change in all inputs of production in the macroeconomy Measures the change in the cost of living for a typical US household Measures the change in energy and food prices in the macroeconomy

Which of the following describes what a dependent is for tax purposes? An adult who financially supports you Someone who is a full-time student under the age of 30 A child or adult that you support financially Someone who is temporarily disabled

A country that imposes a tariff on imported goods is most likely to experience which benefit? A. A wider variety of imported products will become available to consumers. B. Goods produced by domestic companies will be cheaper than competing imports. C. The country will begin producing goods more efficiently than other countries. D. Working conditions for domestic workers will improve relative to other countries.