2 answers
7. How can the demand for one good be affected by increased demand for another one? a) When goods are bought together, increased demand for one will decrease demand for the other.b) If goods are used together, increased demand for one will increase demand for the other.c) If goods are substitutes for each other, increased demand for one will increase demand for the other.d) A drop in price for a good will increase demand for the good and its substitute. 8. How does the price range affect the
7.
How can the demand for one good be affected by increased demand for another one? a) When goods are bought together, increased demand for one will decrease demand for the other.b) If goods are used together, increased demand for one will increase demand for the other.c) If goods are substitut...
1 answer
All economies must decide what to produce. Which of the following says the same thing, but does so more completely?Select one of the options below as your answer: A. All economies must decide how to help firms to maximize their profits. B. All economies should be fair to all people.C. All economies seek to make their rich people even richer.D. All economies must determine how to allocate their scarce resourcesCan someone explain this one for me
All economies must decide what to produce. Which of the following says the same thing, but does so more completely?Select one of the options below as your answer: A. All economies must decide how to help firms to maximize their profits. B. All economies should be fair to all people.C. All economie...
2 answers
1. What effect does a rise in the cost of machinery or raw materials have on the cost of a good?a) A rise in the cost of raw materials (but not machinery) raises the cost. b) The good becomes cheaper to produce.c) The good becomes more expensive to produce.d) It does not have any effect on the cost of the good.2. What does new technology generally do to production? a) It lowers cost and decreases supply.b) It lowers cost and increases supply.c) It increases cost and decreases supply.d) It ha
1.
What effect does a rise in the cost of machinery or raw materials have on the cost of a good?a) A rise in the cost of raw materials (but not machinery) raises the cost. b) The good becomes cheaper to produce.c) The good becomes more expensive to produce.d) It does not have any effect on th...
2 answers
What energy is transfomed that takes place you lifting a chair?
What energy is transfomed that takes place you lifting a chair? ...
2 answers
What is the difference between closed-end credit and open-end credit
what is the difference between closed-end credit and open-end credit...
1 answer
How are all resources scarce and how do individuals, businesses and society face scarcity?
How are
all resources scarce and how do individuals, businesses and society face
scarcity?...
1 answer
If the current equilibrium price for a bushel of corn is $50.00, what happens to the equilibrium price of corn if import restrictions on corn are lifted?
If the current equilibrium price for a bushel of corn is $50.00, what happens to the equilibrium price of corn if import restrictions on corn are lifted?...
1 answer
The ways in which the world's economies are linked
the ways in which the world's economies are linked...
1 answer
A student is interested in whether students who study with music playing devote as much attention to their studies as do students who study under quiet conditions (he believes thatstudying under quiet conditions leads to better attention). He rando~ assigns participants to either the music or no-music condition and has them read and study the same passageof information for the same amount of time. Subjects are given the same 10-item test on the material. Their scores appear next. Scores on the
A student is interested in whether
students who study with music playing devote as much
attention to their studies as do students
who study under quiet conditions (he believes thatstudying under quiet conditions leads
to better attention). He rando~ assigns participants
to either the music or no-mus...
1 answer
The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principle idea of?
The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principle idea of?...
1 answer
Knowledge management is most popular among businesses in
Knowledge management is most popular among businesses in...
1 answer
The last recession changed the way many companies offer support to people and communities in need. Many companies ______________.
The last recession changed the way many companies offer support to people and communities in need. Many companies ______________....
1 answer
Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per unit were $6.00 and $2.00, respectively. The inventory of Product A on December 31, 20Xl consisted of 100 units. There was no inventory of Product A on January 1, 20Xl. Required: What would be the change in the dollar amount of inventory on December 31, 20Xl if the variable costing method was used instead of the absorption costing method
Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per unit were $6.00 and $2.00, respectively. The inventory of Product A on December 31, 20Xl consisted of 100 units. There was no inventory of Product A on January 1, 20Xl. Requ...
1 answer
Palm Cay, Inc, plans to purchase a new metal stamping machine for use in its manufacturing process. After contacting the appropriate vendors, the purchasing department received differing terms and options from each vendor. The engineering department has determined that each vendor's stamping machine is substantially identical and each has a useful life of 30 years. In addition, engineering has estimated that required year-end maintenance costs will be $3,000 per year for the first 10 years, $5,0
Palm Cay, Inc, plans to purchase a new metal stamping machine for use in its manufacturing process. After contacting the appropriate vendors, the purchasing department received differing terms and options from each vendor. The engineering department has determined that each vendor's stamping machine...
1 answer
Please answer those 3 questions (+ calcul please)
Please answer those 3 questions
(+ calcul please)...
2 answers
Of the following examples of fraud, which will be the most difficult to prevent and detect? Assume the company enforces adequate segregation of duties. a The accounts receivable clerk does not record sales invoices for friends or family, so they can receive free goods. b An employee puts inventory behind the dumpster while unloading a vendor's delivery truck, then picks up the inventory later in the day and puts it in her car. c A mail room employ
Of the following examples of fraud, which will be the most difficult to prevent and detect? Assume the company enforces adequate segregation of duties.
a
The accounts receivable clerk does not record sales invoices for friends or family, so they can receive free goods.
b ...
1 answer
Businesses collect information on where people live, what they buy, and how they spend their time.
Businesses collect
information on where people live, what they buy, and how they spend their time....
2 answers
Which government action is related to fiscal policy? A. Printing money B. Setting tax rates O C. Declaring war D. Passing laws
Which government action is related to fiscal policy?
A. Printing money
B. Setting tax rates
O C. Declaring war
D. Passing laws...