Question 1

Study of choices made by those faced with scarcity

Opportunity Cost

Capital

Economics

O

Trade Off

Question 2

Organize, Inc. has only variable costs and fixed costs. A review of the company's records disclosed that when 200,000 units were produced, fixed manufacturing costs amounted to $800,000 and the cost per unit manufactured totaled $11.

In 1 or 2 sentences, explain the difference between gross pay and net pay.

Indicate whether the following accounts generally will have (a) debit entries only, (b) credit entries only, or (c) both debit and credit entries. (1) Cash. (2) Accounts Receivable. (3) Dividends. (4) Accounts Payable. (5) Salaries and Wages Expense.

What happened to Iceland's economy (banks, businesses, regulation, people) ?

Which of these is a sign of a weak economy? A. an increase in spending powER B. An high unemploying rate C. An increasing GDP

Why did they give nba youngboy 10 years?

Entrepreneurs usually do NOT make good: A. general managers. B. marketing decisions. C. financial decisions. D. production schedules.

Your employer contributes $60 a week to your retirement plan. assume you work for your employer for another 20 years and the applicable discount rate is 9 percent. given these assumptions, what is this employee benefit worth to you today?.

Your business uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for uncollectible accounts had a credit balance of $ 1 comma 000.

Suppose you have a choice of working full-time during the summer or attending summer school full-time. Summer tuition and books are $3,000. If you worked, you could make $5,000. Your rent is $1,000 for summer, regardless of your choice.