Which of the options below would be the focus of microeconomics?

A. the psychological effects of unemployment on workers

B. decisions which effect the economy of an entire nation

C. individual decisions under scarcity for a single corporation

Uncertainties such as natural disasters are: Select one: a. Estimated liabilities because the amounts are uncertain. b. Not contingent liabilities because they are future events not arising from past transactions or events. c.

On a production function, as capital per worker increases, output per worker a. increases. This increase is larger if capital per worker is high. b. decreases. This decrease is smaller if capital per worker is high. c. increases.

Worldwide Minerals Inc. wants to expand into the international market. It does not want to spend a very large amount of money for this process. However, Worldwide Minerals wants to maintain some control in the foreign market.

What happens if you default on your student loans? Sent to collection agency O Wages may be garnished All 3 answers Loan balance due in full • Previous

Bryant Company designs and builds fancy dining room tables for individual customers. On July 1, there were two jobs in process: Job 391 with a beginning balance of $21,700 and Job 392 with a beginning balance of $8,790.

New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $500,000 before taxes each year. The corporate tax rate is 34% and the personal tax rate for the firm's investors is 35%.

An __ is a government order forbidding exportation and/or importation of a particular product from a particular country

Every year Indigo Industries manufactures 6,700 units of part 231 for use in its production cycle. The per unit costs of part 231 are as follows: Direct materials $ 4 Direct labor 12 Variable manufacturing overhead 5 Fixed manufacturing overhead 10

A key difference between using multiple production department rates and activity-based costing is a. the multiple production department rate method is used to distribute overhead costs to production activities and activity-based costing is used to

The Imperial Flack Jacket Company currently ships all products out of two factories (A and B) to two government warehouses. Because of increasing demand, another factory will have to be built.