In three to four sentences, explain why you are willing to supply the most bicycles at the highest price.

Julio has a house worth $220,000. He has a $175,000 mortgage. Julio says that in this situation, his asset is really only $45,000. Which statement explains whether Julio is correct?

Supply Schedule for Ecobits Price per ecobit : 5, 10, 15, 20, 25, 30, 35, 40 Quantity supplied in thousands: 100,150,200,250,300,350,400,450 Question #1 If the price of Ecobits moves from 15 to 20, what happens to the quantity of Ecobits supplied?

The expense recognition (matching) principle requires that expenses get recorded in the same accounting period as the revenues that are earned as a result of the expenses, not when cash is paid. True or False?

The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs is called a. capitalism. b. the workplace. c. consumerism. d. the economy. e. business.

When you know you cannot pay your debts, which of the following should you do? a. Contact your creditors directly. b. Find a second job. c. Pay all past-due bills. d. Sell off assets.

Which type of business is best for Juanita to start? A corporation, because she needs a large investment to get started a sole proprietorship, because she will work alone from home a franchise, because many others will want to start the same

The essential requirement for different businesses to be related is that A. E) the production methods that they employ both entail economies of scale. B. B) the products of the different businesses are bought by much the same types of buyers. C.

Which of the following statement best describes the difference between a trade surplus and a trade deficit?. A. A trade surplus is when a country exports more than it imports, while a trade deficit happens when imports exceed exports. B.

A buyer and seller have entered into a contract for sale of a duplex. the buter defaults on the contract and the seller claims the escrow deposit per contractual agreement. What term applies to this situation?

Daniel owns a small business that he is considering selling. he contracts with blair, a business attorney, to provide him with legal advice on the sale of his business. daniel's contract with blair is governed by