What is product market?

A monopolistically competitive market could be considered inefficient because a. marginal revenue exceeds average revenue. b. price exceeds marginal cost. c. the efficient scale of production is only achieved in the long run, not in the short run. d.

Does a high value of our Diversity Index mean the site is more diverse or less diverse?

True Vibgyor Inc. sells its e-book readers at the cost price of $15 each. However, the company makes its profits when users have to download or buy books online.

About 13 to 16 guests out of every 100 are purposefully out to scam us and get something for free.

If jasmine sleeps for 12 hours each night and takes two naps during the day, jasmine is most likely to be:

Charm Co. owns a delivery truck with an original cost of $10,000 and accumulated depreciation of $7,000. Charm acquired a new truck by exchanging the old truck and paying $2,000 in cash.

On July 1st, Harding Construction purchases a bulldozer for $228,000. The equipment has a 8 year life with a residual value of $16,000. Harding uses straight-line depreciation.

Which of the following refers to the costs of production that fluctuate depending on the number of units produced? A. Total cost B. Contribution per unit C. Markup D. Variable cost E. Fixed cost

Your assistant wants to use secondary data exclusively for the current research project. You advise him that the use of secondary data has some potential problems. Which of the following is NOT one of them? A) It may not exist.

Emma is babysitting Laura's children. Emma turns on the stove to make dinner, but a flame shoots out and burns Emma's hand. Later, Laura realizes she forgot to tell Emma not to turn on the stove. Which type of insurance is needed?