Austin's total fixed cost is $3,600 a month at his cupcake bakery. austin employs 20 workers and pays each worker $600 a month. if labor is his only variable cost, what is austin's total cost?

Characteristics of just-in-time partnerships do not include: a. focus on core competencies. b. removal of in-transit inventory. c. long-term contracts. d. large lot sizes to save on setup costs and to gain quantity discounts. e.

The Drogon Co. just issued a dividend of $2.80 per share on its common stock. The company is expected to maintain a constant 4.5 percent growth rate in its dividends indefinitely.

Jupiter Company signed a onedashyear $36,000 note payable at 8% interest on March 1, 2019. How much interest expense must be accrued on May 31, 2019?

A tax on real estate or personal property

Which of the following is NOT true regarding the production possibilities frontier (PPF) ? The PPF illustrates the trade-offs that exist in the production of goods. The PPF illustrates the fundamental ideas of scarcity and opportunity cost.

What is difficult about using cost-benefit analysis to estimate the level of a public good that will maximize social welfare? It is difficult to estimate the marginal costs of supplying a public good.

Suppose the town of Boone has a total population of 50,000 people. Of those, 46,000 people are employed. There are 2,000 full-time students who are not employed or actively seeking work.

Sadie sold 12 shares of stock to her brother, George, for $640 16 months ago. Sadie had purchased the stock for $880 two years earlier.

The Fed regulates banks but has little authority over bank holding companies.

Shared values among employees are the glue of successful management a. True b. False