Felicia invested $25,000 into an account earning 3% annual interest compounded quarterly. she makes no other deposits into the account and does not withdraw any money. what is the balance of felicia's account in 9 years?

The marginal propensity to consume (MPC) is defined as the fraction of a. total income that a household consumes rather than saves. b. total income that a household either consumed or saved. c.

Causation occurs when: two variables tend to move in the same direction. change in one variable does not cause any change in another variable. two variables tend to move in opposite directions.

A firm is a competitive seller of output at amarket price of $3. The only resource itrequires to create its product is labor, which itpurchases competitively at a wage rate of $6per hour.

It is recommended that you create a budget for each (a) month (b) day (c) week (d) year

All of the following are characteristics of long-run equilibrium for firms in a monopolistically competitive market except: A. price equals marginal cost. B. price equals average total cost. C. price exceeds the minimum of average total cost. D.

How do property rights benefit entrepreneurs? by enabling them to purchase capital and use it as they see fit by allowing them to use their employees' property by facilitating the use of public property for private businesses by freeing unused

The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 7,200 direct labor-hours will be required in May. The variable overhead rate is $8.90 per direct labor-hour.

Genepa Corporation manufactures home appliances and other electronic products. Genepa is planning to introduce a new refrigerator model.

Indirect costs are traced to cost objects. Cost drivers are used to allocate indirect costs to cost objects. An allocation rate is calculated by dividing the allocation base by the total cost to be allocated.

What is the process of optimizing the contributions of people from different cultures in the workplace