Suppose the total benefit of watching 1 baseball game is 100, the total benefit of watching 2 games is 120, and the total benefit of watching 3 games is 125. in this case, the marginal benefit of watching the 3rd game is:

Katie is planning to sell her house, and she is considering two upgrades to the house before listing it for sale. Replacing the carpeting will cost $6,000 and replacing the roof will cost $12,000.

Jeremy is studying the effects of income on the demand for Greek ceramics. If "ceteris paribus" is used, which factors would be held constant when studying the effects of changes in income?

China Imports Inc. sold 7,500 units in May. Per unit selling price and variable expense were $18 and $10, respectively. Fixed expense incurred for May totaled $46,000.

You and a partner in Turkey plan to open a store in Chicago selling rugs imported from Turkey. You are wise enough to insist on a contract establishing the rights and obligations of both parties and would prefer a clause requiring alternative

Which of the following situations most likely represents the highest risk of a misstatement arising from misappropriations of assets? A large number of bearer bonds on hand. A large number of inventory items with low sales prices.

Suppose the risk-free return is 4%. The beta of a managed portfolio is 1.2, the alpha is 1%, and the average return is 14%.

If fixed costs are $1,291,000, the unit selling price is $238, and the unit variable costs are $105, what is the amount of sales in units (rounded to a whole number) required to realize an operating income of $217,000? a. 5,424 unitsb. 11,338 unitsc.

Department W had 2,400 units, one-third completed at the beginning of the period; 16,000 units were transferred to Department X from Department W during the period; and 1,800 units were one-half completed at the end of the period.

Nieland Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $288,000 and a remaining useful life of 8 years.

Which of the following is a disadvantage of a partnership? a. potential conflicts among partners c. access to fewer resources than a sole proprietorship b. limited liability d. specialization