As a result of the tax, the price received by producers, and. as a result of the tax, the price paid by consumers, and total consumer spending falls as long as demand is. true or false: consumer surplus rises if total consumer spending falls.

Gerald has a great deal of expertise about parakeets. he used to work in a pet store that sold over twenty different types of birds. if he was to give a speech on the subject, gerald might be said to have what type of expertise?

Which type of map projection will allow a navigator to accurately measure a direction? (ie the projection shows 'true north'.)

Which of the following are examples of fixed costs? (Select three answers.) Packaging and shipping a product A computer for recording customer and order information A monthly fee for a flea market booth Fuel for driving to customers' homes Hourly

Cambridge Co. uses the allowance method. During January 2019, Cambridge writes off a $640 customer account balance when it becomes clear that the customer will never pay. The entry to record the write-off will: a. not affect expenses in 2019. b.

At what wage level there will be no unemployment or labor shortages in the labor market? $30 $25 $20 $10 $15

A leftward shift in the long-run aggregate supply curve is most likely going to cause which of the following? A) decrease in the average price level B) increase in the average price level C) increase in real output

Free market economy how are prices set?

Patel Service Co. does make a few sales on account but is mostly a cash business. Consequently, it uses the direct write-off method to account for uncollectible accounts. During Year 1, Patel Service Co.

Accepting a special order will improve overall net operating income if the revenue from the special order exceeds: a. the contribution margin on the order. b. the incremental costs associated with the order. c.

The debit side of an account a. depends on whether the account is an asset, liability, or owner's equity b. is the left side of the account c. can be either side of the account depending on how the accountant set up the system d.