The document a caterer uses to stipulate the terms, conditions, and contents of the services he or she will provide each client is called the

a. menu.

b. client agreement.

c. brochure.

d. press release.

Define the term market system. A. a series of buildings dedicated to selling goods and services B. any arrangement that people have to trade goods and services C. a structure under which people interact D. the system by which markets are organized

Autocratic leaders A. make decisions on their own. B. solicit the input of experts for decisions. C. solicit the input of group members for decisions. D. allow subordinates to make decisions. E. look for consensus in making decisions.

The government might enact a price ceiling in order to accomplish what? A prevent rationing B increase supply C protect the poor D get out of debt

An investor owns a portfolio of large capitalization blue chip stocks, each of which happens to be in the Dow Jones Industrial Average. He wishes to protect his portfolio from a market downturn without selling the positions.

A machine purchased three years ago for $303,000 has a current book value using straight-line depreciation of $184,000; its operating expenses are $36,000 per year.

It would be faster for a human resource manager to use a (an) (blank) to alert employees about a company picnic.

Why do economists use models? a. Models are used to add complexity to a simple world. b. Models allow us to study a simplified version of a complex world. c. Models allow us to control exogenous factors. d. Models make the world harder to understand.

On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Co.

Accounts are classified in the ledger a. alphabetically b. chronologically c. so that accounts used most often are listed first d. in accordance with their appearance in the financial statements

In 1-2 sentences, explain how wage discrimination results in unequal pay.