Which of the following is an example of a scarce factor of production?

Money

A

Food

B

Flour

C

Airplanes

D

Established knowledge

The Adams Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows: from the state's Department of Public Safety (DPS), $2.3 million; from the Second Baptist Church, $2.

If you are working in a store, it is all right to take merchandise as long as you intend to pay for it later.

Tyler Co. predicts the following unit sales for the next four months: April, 3,100 units; May, 4,900 units; June, 7,000 units; and July, 2,800 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's sales.

Assume that the economy is at equilibrium at $10 trillion, with a marginal propensity to consume of 0.75. If exports rise by $0.5 trillion and imports increase by $0.7 trillion, equilibrium income will: a. fall by $0.2 trillion. b. not change. c.

A rationale for government involvement in a market economy is a. markets sometimes fail to produce a fair distribution of economic well-being. b. markets sometimes fail to produce an efficient allocation of resources. c.

Video quiz the story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of

Granting a foreign company the right to manufacture your product your product or to use your firm's trademark in return for a fee is called:

The paranting style which takes the concerns of all family members into account when making decisions is

At the beginning of the year, Novak had an inventory of $550000. During the year, the company purchased goods costing $2340000.

In presidential elections, voters often find that they do not agree with any single candidate in all issues that matter to them this is known as a. rent seekingbehaviorb. lack of accountabilityc. principal agent problemd.