Why do market fail?

A) merit good

B) storage

C) misusing the powers

Account Company X Company Y Company Z Cost of goods sold $4,410,000 $9,112,500 $6,918,000 Average Inventory $574,000 $817,000 $703,600 What is the average number of days to sell inventory for Company Y? (Do not round your intermediate calculations.

Suppose the marginal product of labor is MPN = 200 - 0.5N where N is aggregate employment. The aggregate quantity of labor supplied is 300 + 8w, where w is the real wage. What is the equilibrium quantity of employment?

At the market price for a product, quality demanded is equal to the quantity supplied. There is no excess demand and no excess supply. What economic term would describe this scenario?

In a period of rising prices, the inventory method which tends to give the highest reported net income is 1. first-in, first-out. 2. weighted-average. 3. last-in, first-out. 4. base stock.

Match the association type with the person that best fits the description: opportunistic association a. your favorite teacher b. the president of your gardening club c. your best friend d. the man you met while walking your dog

Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached a.

If it is known that the income elasticity of demand for the same good is 2.5, estimate the percentage change in demand if consumer income increases from $100 to $300.

Mark has been working at shop-mart for the past 10 years. despite working hard, he is unable to get what he wants or needs done, such as restocking the produce aisle. he is constantly tired and receives no rewards for his hard work.

Challenger Factory produces two similar products: regular widgets and deluxe widgets. The total factory overhead budget is $630,400 with 330,800 estimated direct labor hours.

Planning for post-production support should begin after the system is deployed as specific support problems arise. a) True b) False