What would we call a demand curve that is plotted as a straight vertical line? 1. Relatively elastic 2. Perfectly inelastic 3. Perfectly ridiculous 4. Perfectly elastic5. Unit elastic

Factoring is the process ofa. determining the percentage of accounts receivable expected to be collected. b. selling accounts receivable at a discount to another party. c. determining the average collection period. d.

A new packaging machine will cost $57,000. The existing machine can be sold for $5,000 now and the new machine for $7,500 after its 10-year useful life.

Assume that a hypothetical economy with an mpc of 0.75 is experiencing severe recession. by how much would government spending have to rise to shift the aggregate demand curve rightward by $40 billion

What is a conflict of interest? (Select the best answer.) A situation where an employee decides how to handle disagreements with their coworkers A situation where an employee has to decide which tasks interest them the most A situation where an

The basis for Durkheim's theory of society is the principle that Select one: a. people are the products of their social environments. b. the evolution of society is based on the concept of "survival of the fittest". c.

A fee is paid a. for each overdraft. c. monthly to have overdraft. b. for the first overdraft. d. annually to have overdraft.

With a traditional savings account, you could be charged a fee if: You open an account online You close the account You deposit too much money at once You withdraw money too often

Marigold Industries incurs unit costs of $8 ($5 variable and $3 fixed) in making an assembly part for its finished product. A supplier offers to make 10,300 of the assembly part at $6 per unit.

A firm producing good y recently increased monthly production from 1,500 units to 2,000 units. this had no impact on the market price of good y. at the new production level of 2,000 units, the firm's average cost is $3.

A master plan is devised for a. emergencies. b. long-range goals. c. investments. d. short-term goals