The slope of the PPF curve represent: the opportunity cost of producing 1 unit of good on the vertical axis in terms of good on the horizontal axis the maximum production of good on the horizontal axis the opportunity cost of producing 1 unit of good on the horizontal axis in terms of good on the vertical axis the maximum combination of producing both goods

Good that lasts for at least three years when used regularly are what type of 1 point goods? Consumer good Nondurable good Durable good Capital good

Directions: Financial Aspects of BusinesS - Capital Answer the following questions. 1. Which of the following best describes capital? A. What a business is worth B. The monetary funds invested in a project C. The level of experience the manager of a business has D. What equipment a business needs 2. Which of the following is a disadvantage of equity capital? A. You must repay or face the possibility of bankruptcy B. Your credit standing may be lowered by the use of equity capital C. You must offer collateral in the form of valuable property D. You must contend with the investor as a co-owner of the business 3. Which of the following are the largest lending agencies in the United States? A. Credit unions B. Banks C. Suppliers D. Business owners

(1) 3. What is typically considered a benefit of having a workable budget? It means you will never have to review your finances again. It encourages smarter spending habits and helps establish a savings plan. It allows for unlimited impulse buying. It guarantees wealth without effort. (2) 4. According to the lesson, what is an important first step in building a budget? Investing heavily in the stock market. Borrowing money to cover immediate needs. ) Writing down all sources of income and all spending. Immediately cutting all variable expenses.

The three main business activities are financing operating, and investing. True False

Which of the following are reasons why owners should trademark their products? Provides Legal Protection of Your Brand Identity Helps prevents competitors from using your logo Establishes the origin or your goods or services All of the Above

17. What are some factors that would need to be considered in full-cost pricing of gasoline that is used to power vehicles?

Which of the factors of production involves taking risks and combining resources to produce a good or service? A) land B) capital C) labor D) entrepreneurs

Even though you had accurately informed your teams of the number of products you would need to have ready to sell at a local expo, you find out that you don't have enough of the product in stock to meet those numbers. Given that communication isn't an issue, which department is most responsible for this error? (1 point) marketing sales production human resources

Employees within Amazon, Apple, or Google MOST likely work within which sector? (1 point) public private governmental public utilities

Hot Questions

How can you use the total revenue test to determine elasticity? You know a product is elastic if the price decreases as the total revenue goes down. You know a product is inelastic if the price increases as the total revenue goes down. You know a product is inelastic if the price decreases as the total revenue goes up. You know a product is elastic if the price increases as the total revenue goes down.

Collins believes that business and ethics are contradictory. Good ethics is antithetical with good management True False

Which of the following rating errors occurs when a manager gives low ratings to all employees by holding them to an unreasonably high standard? A severity error A halo error A leniency error A horns error

Which of the principles of AICPA Code of Conduct is most related artilce 5 of the California Accountancy Act? Responsibilities Due care The public interest Objectivity and independence Integrity Scope and nature of services

Multiple Select Question Select all that apply What are examples of economic factors that can help or hinder business? Taxation Contract enforcement Competition

Find the balance of a savings plan after 36 months assuming an APR of $10\% $ (compounded monthly) and monthly deposits of $\$ 105.$ $\$ 4,387.09$ $\$ 4,297.26$ $\$ 4,413.90$ $\$ 4,256.88$ None of the above.

Which is the better buy? 6-pack of envelopes for $\$ 0.36$ 9-pack of envelopes for $\$ 1.08$

Ten years after purchasing $\$ 8,000$ worth of shares in a mutual fund, you sell the shares for $\$ 6,850$ (at a loss). Find the annual return (to the nearest hundredth of a percent) on your investment. $-1.44\% \% $ $-1.54\% \% $ $-1.24\% \% $ $-1.89\% \% $ None of the above.

After all postings have been made the totals of the balances in the accounts receivable subsidiary ledger should equal the balance of the Accounts Receivable account in the general ledger. True or False True False

Which management approach was the first major approach to focus on informal work relationships and employee salisfaction? Bureaucracy Administrative management Scientific management Human relations