A competitive firm maximizes profit by choosing the quantity at which

a. average total cost is at its minimum.

b. marginal cost equals the price.

c. average total cost equals the price.

d. marginal cost equals average total cost.

Dan has AGI of 50,000 and paid the following taxes during this tax year: State income tax withholding $ 1,600 State income tax estimated payments 980 Federal income tax withholding 3,400 Social Security tax withheld from wages 2,180 State excise tax

e Department of Traffic Security of a city is considering the purchase of a new drone for aerial surveillance of traffic on its most congested streets. A similar purchase 4 years ago cost $950,000.

Who likes to fight?

At Honest Tea, there are no salespeople who attempt to coerce consumers into buying their product. Instead they rely on word-of-mouth, which indicates the company is not involved in which of the following criticisms of marketing?

A progressive tax is one which

In which year were tobacco commercials banned from network television in the united states?

Maggie's manager notices that she exhibits an external locus of control when she speaks about her work. Her manager should Group of answer choices a. direct Maggie toward a job with more autonomy. b.

Consider this argument: "The kidnappers have taken eight people hostage and are holding them at a farmhouse just outside town. If the SWAT team assaults the farmhouse, the hostages could be killed.

Rent seeking is an attempt to A. use the government for individual benefit at the expense of others. Regulatory capture is an example of this, where a regulatory agency makes decisions benefiting the firm being regulated. B.

An Insurance company is a business in which it pays to the company if there is a loss, damage, treatments or injury for the payment of premium amount. It calculates the risks that has occurred and pays to compensate the premium amount.