One of the three economic questions deals with deciding

a

what goods and services should be produced.

b

what the costs of production should be.

c

how goods and services will be marketed.

d

how consumers will receive products.

Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a building at a cost of $1,260,000 that is currently appraised at $1,460,000.

6. Twins Barbara and Mary are both age 27. Beginning at age 27, Barbara invests $2,000 per year for 10 years and then never sets aside another penny. Mary waits 10 years and then invests $2,000 per year for the next 30 years.

Which of the following is an example of a fixed expense.

Journalize the entries to record the following: Check is issued to establish a petty cash fund of $750. The amount of cash in the petty cash fund is now $176.

If your income varies, you should a. list the highest amount b. list the averedge amount c. list the lowest amount d. none of the above

United Birdseed is expected to pay the following dividends over the next three years: After year 3, dividends are expected to grow by 5% per year forever. The expected/required return on United Birdseed stock is 10%. What is the stock price?

Halestorm Corporation's common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. What is the company's cost of equity capita?

A monopoly creates a deadweight loss to society because it produces less output than the socially efficient level. a. true b. false

A company sells two products with information as follows: A B Sales price per unit $12 $22 Variable cost per unit $10 $10The products are machine made.

The structural support structure must lift the pipeline above the ground to allow free passage of wildlife under the pipeline. The loading on each truss support must be determined by calculating the weight of oil and of the pipe over each support.