What is a staple good?

How did virgin america enter the airline industry despite the industry's notoriously low profitability?

Make-Do, a national automotive painting service, paints cars for $199. Their work standard for such a job is $20.00 for labor and $30.00 for paint. They consume $10 worth of supplies and $3 of energy during their service.

A company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the transaction be recorded today

For a particular good, a 2 percent increase in price causes a 12 percent decrease in quantity demanded. Which ofthe following statements is most likely applicable to this good? a. There are no close substitutes for this good. b. The good is a luxury.

Which of the following is NOT a type of 4 organization in a capitalist system? A. sole proprietorships B. partnerships C. collectives D. corporations

As a general rule what percentage of debt to gdp will make a government bond yields spike

An economic decision will affect all people, regardless of how they feel or believe

How should the environmental effects be dealt with when evaluating this project? The environmental effects should be ignored since the plant is legal without mitigation.

The par value per share of common stock represents the a. minimum selling price of the stock established by the articles of incorporation. b. minimum amount the stockholder will receive when the corporation is liquidated. c.

The difference between a $20,000 and $30,000 annual salary over a lifetime