A lack of the resources needed to go into producing goods and services is called what

If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the average product of 12 workkers

Which statement is TRUE? A. In a commercial bank the money comes from investments, while in an investment bank, the money comes from depositors. B.

Max has set a goal to create an emergency fund. he determined that his monthly expenses total $1,525. based on recommendations, how much should max save for his emergency fund?

Rain spoils the strawberry crop, the price of strawberries rises from $2 to $4 a box, and the quantity demanded decreases from 1 comma 400 to 1 comma 000 boxes a week. Calculate the price elasticity of demand over this price range.

A corporation is incorporated in only one state regardless of the number of states in which it operates. (A) True (B) False

Identify the internal control principle that is applicable to each procedure. The following reconciling items are applicable to the bank reconciliation for Ellington Company: (1) outstanding checks, (2) bank debit memorandum for service charge, (3)

Valera Corporation makes a product with the following standards for labor and variable overhead: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct labor 0.4 hours $ 21.00 per hour $ 8.40 Variable overhead 0.4 hours $ 6.

Which of the following are tasks associated with business administration positions? a. answering phones b. designing goods for production c. delivering goods to markets d. maintaining records e. repairing computers

Pepe, Incorporated acquired 60% of Devin Company on January 1, 2017. On that date Devin sold equipment to Pepe for $45,000. The equipment had a cost of $120,000 and accumulated depreciation of $66,000 with a remaining life of 9 years.

Which statement is incorrect? a. Dividends represent a distribution by a corporation to its stockholders. b. Dividends are shown on the income statement. c. Dividends reduce stockholders' equity, thus the Dividends account increases on the left side.