Suppose a negative externality exists in a market. if transactions costs are low and parties are willing to bargain then, according to the coase theorem

APR on a loan may be adjusted based on a borrower's offered collateral. credit history. loan fees. scheduled repayments.

Iceland produces two goods: Viking hats (Y) and fish (X). Its production possibilities frontier is characterized as: Y = 50 - 2X. The opportunity cost of catching (producing) an additional unit of fish in Iceland is a. increasing in fish production.

Which one of the following actions by a financial manager is most apt to create an agency problem? Refusing to lower selling prices if doing so will reduce the net profits.

Describe the nature of an opportunity cost

If you are tempted to send an e-mail while angry, what should you do? a. Take a deep breath before completing the e-mail. b. Consult with a co-worker before completing the e-mail. c.

Leesburg sold a machine for $2,200 on november 10th of the current year. the machine was purchased for $2,600. leesburg had taken $1,200 of depreciation deductions on the machine through the date of the sale.

Which type of training would be considered vocational training?

Which of the following is not a step in creating operating department income statements? eliminate the uncontrollable costs for each department. allocate indirect expenses across departments. prepare the departmental income statements.

Suppose the supply equation is: Upper Q equals 12 plus 0.30 p. What is the price elasticity of supply if the market price is $16 ? nothing (round your answer to three decimal places ).

This type of credit occurs when you charge a purchase at the time you buy the good or service