A good's price elasticity of demand depends in part on how necessary it is relative to other goods. If the following goods are priced approximately the same, which one has the most elastic demand?

1. Sports car

2. Chemotherapy for cancer patients

In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of international trade.

An American fast-food chain that moves into Canada by buying an existing Canadian fast-food chain represents what type of entry mode? a. Equity partially-owned subsidiary b. Nonequity contractual agreement c. Equity WOS d. Nonequity export

In 2019 Hill Corporation reported a net operating loss of $10,300 that it carried forward to 2020. In 2019 Hill also reported a net capital loss of $4,200 that it carried forward to 2020.

Roget Factory has budgeted factory overhead for the year at $4,992,000. It plans to produce 2,000,000 units of product. Budgeted direct labor hours are 480,000, and budgeted machine hours are 750,000.

Complex numbers are often used when dealing with alternating current (AC) circuits. In the equation $V = IZ$, $V$ is voltage, $I$ is current, and $Z$ is a value known as impedance. If $V = 1-i$ and $Z=1+3i$, find $I$.

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

Joyce finds that the members of the project team to which she has been promoted are all middle-aged men. joyce wonders if she, a young new graduate from a local university, will be taken seriously. joyce is likely to be reacting to a