Positive statements are not a. prescriptive. b. descriptive. c. made by economists speaking as scientists. d. claims about how the world is.

Which of the following best explains why zoos are not affected by the threat of new entrants? A: Starting a zoo has a high entry cost B: Customers do not have a replacement activities C: Substitutes for attending the zoo are much lower quality D:

The systematic process of selecting, supporting, and managing a firm's collection of projects is called: Profile management. Heavyweight project management. Project portfolio management. Matrix project organization.

Suppose a computer virus disables the nation's automatic teller machines, making withdrawals from bank accounts less convenient. as a result, people want to keep more cash on hand, increasing the demand for money.

You are looking at buying a stock and holding for 3 years. A stock will pay a dividend of $1 in 1 year, a dividend of $2 in 2 years and a dividend of $3 in 3 years. You think you will be able to sell the stock for $75 at that time.

Miracle Vacuum, Inc., is a private, for-profit corporation that (1) was formed for the purpose of manufacturing and distributing a newly patented appliance, (2) is owned by five shareholders, (3) is subject to double taxation, and (4) has made no

El Tapatio purchased restaurant furniture on September 1, 2021, for $43,000. Residual value at the end of an estimated 10-year service life is expected to be $5,800.

As you consider the factors of production, which of the following did management theorist Peter Drucker believe to be one of the most important contributing factors to increasing our nation's wealth? a. Landb. Laborc. Knowledged. Capital

Similarity between labor and entrepreneurship

The remaining balance on an amortized loan is paid down evenly over the life of the loan. For example, if you borrow $20,000 today on a 60-month amortized loan then your remaining balance reduces by 20,000/60. O True O False

Dumping is most closely associated with which marketing mix element