You sell hockey goals for $200 each. weekly sales are 60 units. you estimate that for every $10 you increase the price, sales drop by 3 units per week. what will be your weekly revenue from hockey goals at a price of $300?

Should GDP be adjusted or supplemented to consider measures for other things, such as products that are not exchanged in a market, pollution, leisure time, or health? If so, how would we adjust or supplement GDP to do this?

Financial management cannot be related to other functional areas of management such as marketing. a. True b. False

Marginal utility is the: A. extra satisfaction received from consuming one more unit of a product. B. total satisfaction received from consuming a given number of units of a product. C. average satisfaction received from consuming a product. D.

For accounting errors, which of the below sentences is true? a. They represent intentional sabotage of controls. b. They are problems caused by failures in systems, procedures, and policies. c.

Asymmetric information occurs when the two parties in a market transaction do not have the same amount of information regarding the product or process involved in the transaction. True or False?

Most businesses periodically remove bad accounts from their books true or false

A consulting firm has a predetermined overhead rate of $120 per labor hour. The Smith job required 5 hours to compete. The overhead cost applied to this job is $

Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is a. an alienation b.

Clara, at age 47, decided to adopt a child on her own because she tired of waiting around for "mr. Right" to come along. She decided to move on with her life. Clara is an example of a (n) :

Sandusky Company borrowed $28,000 from the Lakeside Bank by issuing a 10% three-year installment note. Sandusky agreed to repay the principal and interest by making annual payments in the amount of $11,259.21.