Explain the difference between the terms demand and quantity demanded

An unintended side effect that benefits or harms a third party not involved in the activity is: a. a condition of oligopoly. c. a problem caused by inadequate competition. b. an externality. d. price discrimination.

A country recently experienced a drop in consumer purchases and a rise in business inventories of durable goods. Wages grew slowly and unemployment increased. Business investment in plant and equipment dropped sharply and profits fell.

If Zenyatta Inc. has the following anticipated dividends: in year 1 of $4.00, in year 2 of $3.50, after that dividends are expected to grow at a 1.4% rate. What is a fair price if the required return is 5%

Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor children, who live with her. Charlotte also maintains the household in which her parents live, and she furnished 60% of their support.

Jim is a salaried employee whose job is to develop content for online Web sites. He discovers that he is paid substantially more than his colleagues even though their jobs and levels of performance are very similar.

You have been given the following information for Corky's Bedding Corp.: Net sales = $12,250,000. Cost of goods sold = $8,900,000. Other operating expenses = $250,000. Addition to retained earnings = $1,060,000.

Mayan Company had net income of $34,000. The weighted-average common shares outstanding were 8,500. The company has no preferred stock. The company's earnings per share is:

A court would be likely to enforce an illegal contract:a. under certain circumstances in which the aggrieved party was unaware of the illegality. b. where, although the contract is unconscionable, there is only procedural unconscionability. c.

A business pays weekly salaries of $30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Thursday is A business pays weekly salaries of $30,000 on Frid debit Salaries and

Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.56 percent, a par value of $1,000 per bond, matures in 5 years, has a total face value of $3.9 million, and is quoted at 106 percent of face value.