What is production possibility curve?

The budgeted annual cost of operating a post office truck is $5,500 plus $0.50 per mile. In 2008 the truck was to be driven 25,000 miles uniformly to deliver various mail items throughout the year. Two employees are needed for each truck.

Carol Bates, a young, dynamic, and affluent banker, likes to shop online and try out new products. She likes to keep herself updated about the latest products introduced in the market.

The conservatism constraint prescribes that: a) A company use the same accounting methods period after period. b) All items of a material nature are included in financial statements. c) All inventory items are reported at full cost.

When profit-maximizing firms in competitive markets are earning profits, market demand must exceed market supply at the market equilibrium price. market supply must exceed market demand at the market equilibrium price.

Why is the demand for resources called a "derived" demand? on what two factors does the strength of the demand for resources depend? how are these two factors related?

During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the period of $150,000 and its assets sold at a loss of $100,000.

York's outstanding stock consists of 65,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 110,000 shares of common stock with a $1 par value.

A group of employees wishes to start a union is that lawful or unlawful explain

Freddi buys bike shoes from Get n' Gear Store, telling the clerk that she wants the shoes tocompete in High Pace Triathlon. The shoes break apart during the competition, causing Freddi to beinjured in a fall.

A company pays its employees $4,200 each Friday, which amounts to $840 per day for the five-day workweek that begins on Monday.