Imperfect markets have higher prices than perfect markets.

a. True

b. False

Which of the following is not seen by economists as an underlying cause of business cycle fluctuations? A. Unexpected financial bubbles that eventually burst. B. Shocks to the money supply by the nation's central bank. C.

When you send a print résumé to apply for a job, you should always include a (n)

Royce Corp's sales last year were $250,000, and its net income was $23,000. What was its profit margin?

Coltrane Company has a $5,000 note payable that is paid in $1,000 installments over five years. How would the portion that must be paid within the next year be reported on the balance sheet?

Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division Q Sales $ 553,000 $ 145,000 $ 408,000 Variable expenses 309,680 81,200 228,480 Contribution margin

True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False

Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.

The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?

Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.

Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.