When a firm in perfect competition has economic profit is equal to zero?

Tim loaned a friend $4,000 to buy a used car. In the current year, Tim's friend declares bankruptcy and the debt is considered totally worthless.

Your operations and management plan defines the: daily logistics involved in running your business. job description of every employee. banking guidelines of the business. partnership organization of the business.

When management analyzes whether to move production to another country or to keep the production located where it currently is, which of the following management responsibilities is being performed? A) AdjustingB) ControllingC) PlanningD) Directing

The legality of uniform geographic pricing has been challenged and so its use has been abandoned. Select one:

Two goods are considered to be related goods by many buyers: if the price of one increases, buyers buy more of the other. This indicates that the two goods are complements. (A) True (B) False

Explain briefly why professional certification and membership in professional organizations are important.

Suppose that Omar's marginal utility for each additional cup of coffee is 5.5 utils per cup no matter how many cups he drinks.

A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury, while putting the remaining $30 into retirement savings.

Is mobile suit gundam the origin a retelling?

Waterway Industries can produce 100 units of a component part with the following costs: Direct Materials $15800 Direct Labor 6900 Variable Overhead 16800 Fixed Overhead 12000 If Waterway Industries can purchase the component part externally for