True or false: the country of paddyland must be a developing country, since scarcity is not a problem in developed countries.

Given that fixed costs are constant as output increases, average fixed costs are also constant. a. True b. False

Although many customers do not make a sufficient effort to conserve water, water companies must also be held responsible for wasteful consumption.

BE9.6 (LO 3), AP For Roche Inc., variable manufacturing overhead costs are expected to be $20,000 in the first quarter of 2020, with $5,000 increments in each of the remaining three quarters.

In a market with an upward sloping supply curve and a downward sloping demand curve, when there is an excess supply, the actual price must be higher than the equilibrium price. the actual price must be lower than the equilibrium price.

Yellow-dog contracts A. give workers the right to be represented by a union. B. give a non-union worker the right to enjoy union benefits without paying union dues. C. give firms the right to hire replacement labor when the union strikes. D.

During Burns Company's first year of operations, credit sales totaled $156,000 and collections on credit sales totaled $113,000. Burns estimates that bad debt losses will be 1.0% of credit sales.

A rational decision maker takes an action only if the a. marginal benefit is greater than both the average cost and the marginal cost. b. marginal benefit is greater than the marginal cost. c. marginal benefit is less than the marginal cost. d.

Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $110,500, and it estimates that 6% will be uncollectible. Required: 1.

Which skills are most required for someone in Design? A) knowledge of building processes, knowledge of specialized tools, and knowledge of building laws B) drawing skills, creativity for new ideas, and ability to model large-scale building projects

Stock X has a standard deviation of 22 percent per year and stock Y has a standard deviation of 8 percent per year. The correlation between stock A and stock B is. 21.