If, for a given output level, a perfectly competitive firm's price is less than its average variable cost, then the firm A. should shut down. B. should increase price. C. is earning a profit. D. should increase output.
A perfectly competitive industry achieves allocative efficiency when A. it produces where market price equals marginal production cost. B. goods and services are produced at the lowest possible cost. C. firms carry production surpluses. D. goods and services are produced up to the point where the last unit provides a marginal benefit to consumers equal to the marginal cost of producing it.
What was the amount that you generated through the compound interest calculator?You invest 1000 and then plan to contribute 50 every month on top of this, earning an annual interest rate of 1.25% 25 1000 1616.02 7520.66
32. A food handler with long hair should wear a hair clip. put it in a ponytail. cover it with a restraint. secure it with hair spray.
What's a promissory note? A lien on a property An agreement for a consumer to buy a new condominium The borrower's promise to repay a certain sum of money to another party (the lender or holder of the notel under specified terms The lender's promise to repay a certain sum of
Obtained from a title insurance company to provide evidence of title Abstract of title Marketable title Affidavit of title Evidence of title Title insurance Title search
The following terms are associated with a secured loan EXCEPT for a. repossession. b. security interest. c. collateral. d. the rule of 78s.
A person repays a five-year bank loan that allows prepayment without penalty, in three years As a result, the pe earns a higher interest rate on an existing savings account for the next two years. saves two years of interest charges. is guaranteed to receive a larger loan in the future. is guaranteed a lower interest rate on personal loans in the future.
The statement of owner s equity should be prepared a. before the income statement and balance sheet b. after the income statement and balance sheet c. after the income statement and before the balance sheet d. before the income statement and after the balance sheet
Question 10 (1 point) What are the approaches to inventory that businesses can consider? Minimizing inventory levels to reduce costs and storage space. Outsourcing all inventory management tasks to suppliers. Maximizing inventory levels to ensure no shortages occur. Increasing inventory levels to take advantage of quantity discounts.
Under a firm commitment agreement, Zeke Company went public and received $\$ 30.50$ for each of the 7 million shares sold. The initial offer price was $\$ 33$ and the stock rose to $\$ 35.36$ The company paid $\$ 560,000$ in direct flotation costs and $\$ 215,000$ in indirect costs. What was the flotation cost as a percentage of funds raised?
Which of the following is not part of data governance? a. Establishing and monitoring data policies b. Promoting the sale of enterprise data C. Assigning data decision rights and accountabilities for data d. Ensuring control and accountability for enterprise data
How much will $\$ 1,500$ be worth in 6 years at $8\% $ p.a. simple interest?
What does it mean if a resource is scarce?Give a real-life example of a resourcein your life that is scarce.
Empowering the frontline involves not only giving the employees the authority to act but also the responsibility to recognize and attend to customer needs and obligation to act. True False
If a bank has a required reserve ratio of 10 percent and there is $\$ 1,000$ in deposits, what is the maximum possible amount that this bank could lend out? $\$ 9,000$ $\$ 900$ $\$ 10,000$ $\$ 100$
Based on the Circles for a Successful Value Proposition framework, when should a firm reengineer its product to stop providing certain benefits? When customer needs are met by the benefits in question, but are not met by benefits provided by competitors When customers express little need or desire for the benefits in question When customers are unaware that the product meets one of their needs When customer needs are met by the benefits in question as well as by competitors
What components of GDP would each of the following transactions affect? How does it affect the component; Le.does the component increase or decrease?[Remember: $GDP=C+I+G+(X-M)]$ 1. A family buys a new kitchen appliance. 2. James buys a new house. 3. You buy a pizza. 4. California repaves Highway 101. 5. A couple buys a bottle of wine from France.
Which type of reimbursement is known as first-party payment? a. Managed Care b. Indemnity C.Cash-based d. Casualty
