The term e-commerce refers to the digital enabling of business processes both inside and outside the firm. true false

In which category do commodities belong?

Adhira buys chocolates and almonds. She has 3 bars of chocolates and 4 bags of almonds. The marginal utility of the third chocolate bar is 18 units of utility and the marginal utility from the fourth bag of almonds is also 18.

Demand-based pricing, unlike cost-based pricing, places firms in a better position to

Martinez owns machinery that cost $87,000 with accumulated depreciation of $40,000. the company sells the machinery for cash of $42,000. the journal entry to record the sale would include:

How one government expenditure might affect the economy

Which of the following would result if the business purchased supplies on credit? B. supplies would increase, and capital would increase C. supplies would increase, and accounts payable would increase D.

When the federal trade commission determines that an ad is deceptive or unfair, it can: force the firm that ran the deceptive ad to get "advance clearance" on all future ad campaigns.

When a person has a comparative advantage in producing a good or service, the person has A. a higher opportunity cost in producing that product than someone else. B. a constant opportunity cost in producing that product. C.

Growth Enterprises believes its latest project, which will cost $80,000 to install, will generate a perpetual growing stream of cash flows.

A school's band members raised money by selling magazine subscriptions and shirts. Their profit from selling shirts was $/$5$ per shirt minus a one-time $/$40$ set-up fee. Their profit from selling magazine subscriptions was $/$4$ per subscription.