The area in which the law of demand best applies is

1) macroeconomics.

2) social policy.

3) microeconomics.

4) political science.

Kendra has a babysitting business that she earns $6 per hour she babysits. She already has $50. She wants to earn enough to buy a new phone for $350.

Division Y of the same company would like to purchase 10,075 units each period from Division X. Division Y now purchases the part from an outside supplier at a price of $32 each.

Premium Company makes cardboard boxes. During the most recent accounting period Premium paid $60,000 for raw materials, $48,000 for labor, and $52,000 for overhead costs that were incurred to make boxes.

One potential drawback of just-in-time (jit) production is that

Which of the following is the term used to describe the excess of cash flows from operations over the amount of cash outflows used to replace property, plant, and equipment and to fund financing outflows of cash for dividends to stockholders? a.

Who should you' alert that you are interviewing for jobs? A. Your references B. Other possible employers C. Your classmates D. Your present employer

Common allocation bases are a. direct labor dollars, direct labor hours, and machine dollars b. machine dollars, direct labor dollars, and direct labor hours c. direct labor dollars, direct labor hours, and machine hours d.

George and Weezy received $30,200 of Social Security benefits this year ($12,000 for George; $18,200 for Weezy). They also received $5,000 of interest from jointly owned City of Ranburne Bonds and dividend income.

Which of the following is true regarding the high-tech industry today? a. It generally depends on a pool of low-skilled labor. b. It has led to the increased economic development of previously rural areas. c.

Presented below are three receivables transactions. Indicate whether these receivables are reported as accounts receivable, notes receivable, or other receivables on a balance sheet. -Sold merchandise on account for $64,000 to a customer.