The total amount of producer surplus in a market is equal to the area above the market supply curve and below the market price

a. True

b. False

Budgeted production needs are determined by: A. adding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total. B.

In the aggregate expenditure model, when is planned investment greater than actual investment? A. Planned investment always equals actual investement in the aggregate expenditure model. B. When there is an unplanned decrease in inventories. C.

Kurt simmons has 50/100/15 auto insurance coverage. one evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street. damage to the parked car was $5,400, and damage to the store was $12,650. a.

What is a service? A) a tangible object that gives in to a want B) a valuable action that satisfies a need C) an action performed out of kindness

is the process reconciling the expenses and revenues of an event and dividing the profits according to a contracted arrangement. Group of answer choices Negotiation Scheduling Settlement Evaluation

Select the correct answer. GlobalConnect Inc. claimed in its advertisement that you can buy mobile phones on credit. Which federal law is applicable when GlobalConnect Inc. states its credit terms? A. Fair Debt Collection Practices Act B.

Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is $120,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $115,000 in the partnership.

A large company produces paint and other home decorating products. Its goal is to choose the marketing channel arrangement that will give it the most control over supply sources. Which marketing channel system should this company choose?

Wendy is a college student in her sophomore year. she is single with no kids, has vegetation paid for by scholarship. what type of life insurance does she need?

Difference between a parttime and fulltime job