The threat of new entrants is high when there are

a. high switching costs

b. high differentiation among competitors' products and services

c. low economies of scale

d. high capital requirements

Nadia could not withdraw money from her checking account, even though it had been several weeks since she deposited a check. What act protects her from this?1. Equal Credit Opportunity Act2. The Truth in Lending Act3.

When a country that exported a particular good abandons a free-trade policy and adopts a no-trade policy, A. producer surplus decreases and total surplus decreases in the market for that good. B.

Which of the following is most likely to create a long-term trend? A. Fashion B. Entertainment C. Television shows D. Demographics

Pepperdine Company paid factory rent of $10,000. At the time this transaction occurred, it did not affect total assets or net income. True or false?

In the context of strategic thinking, which of the following is a difference between for-profit organizations and nonprofit organizations? a. Unlike nonprofit organizations, for-profit organizations depend on events in the external environment. b.

In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of

High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of unskilled labor.

How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?

Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accumulated depreciation of $15,000. The truck's fair value was $16,000. Sam, a builder, contributed a new storage garage.

Select all that apply. A primary incentive for entrepreneurs is 1: Profit 2: A skill and happy workforce 3: Notoriety 4: Seeing an idea come into being 5: Paying taxes