Explain why purely competitive markets tend to benefit consumers over producers.

A company's sales in year 1 were $250,000 and in year 2 were $287,500. using year 1 as the base year, the percent change for year 2 compared to the base year is:

Mary Cooper just purchased 180 shares in the All-American Fidelity Fund. The purchase cost for each share was $13. If this fund charges a 3 percent load, what is the total amount of commission she will pay the investment company? A. $35.10 B. $65.

Which of the following statements is NOT true regarding the importance of the role that an operations manager plays in addressing service quality? A.

The correct equation for the Balance Sheet is

You own 200 of the 10,000 outstanding shares of Invite stock. The firm just announced it will be issuing an additional 2,000 shares to the general public.

A firm producing good y recently increased monthly production from 1,500 units to 2,000 units. this had no impact on the market price of good y. at the new production level of 2,000 units, the firm's average cost is $3.

A master plan is devised for a. emergencies. b. long-range goals. c. investments. d. short-term goals

Adama Company reported a net loss of $6,000 for the year ended December 31, 2014. During the year, accounts receivable increased $15,000, merchandise inventory decreased $12,000, accounts payable decreased by $20,000, and depreciation expense of

2. Which of the following headlines is more closely related to what microeconomists study than to what macroeconomists study? a. Unemployment rate falls from 7.5 percent to 7.3 percent. b. Real GDP falls by 0.4 percent in the third quarter. c.

Scenario 1: suppose savers either buy bonds or make deposits in savings accounts at banks. initially, the interest income earned on bonds or deposits is taxed at a rate of 20%.