The government can be relied on to efficiently solve problems associated with pollution through (pigovian) taxes.

a. True

b. False

What do economists mean when they state that a good is scarce? a. There is a shortage or insufficient supply of the good at the existing price. b. It is impossible to expand the availability of the good beyond the current amount. c.

Jenna is giving a speech on job specialization for her business class. she will most likely tell the class that one of the reasons for job specialization is

Suppose you know a company's stock currently sells for $80 per share and the required return on the stock is 9 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield.

Joe's Snow Removal's cost formula for its vehicle operating cost is $1,060 per month plus $429 per snow-day. For the month of January, the company planned for activity of 11 snow-days, but the actual level of activity was 13 snow-days.

What is Total Quality Management (TQM) ? A. A philosophy of supplying customers with superior products and services B. A system that speeds the transformation of raw materials into finished products C.

Who is following the law when it comes to protecting investors' funds? a financial planner who pitches a risk-free stock a mutual fund advisor who informs investors about risks a broker who sells CDs from nonfinancial institutions a realtor who

Jared runs a personal training studio, earning $5,000 last month. His fixed costs are $4,000, and his variable costs are $3,500. Should Jared shut down his business immediately? a) Yes, because he is clearly losing money.

On January 1, a company issues bonds dated January 1 with a par value of $600,000. The bonds mature in 3 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The bonds are sold for $564,000.

Partridge Co. can further process Product J to produce Product D. Product J is currently selling for $21 per pound and costs $15.75 per pound to produce. Product D would sell for $37 per pound and would require an additional cost of $9.

What is the largest source of income for banks? a. the interest they receive from loans b. fees charged to customers for accounts c. money deposited in savings accounts d. special accounts such as NOW accounts