True or False

The mismatch of unlimited wants and needs and limited economic resources is called the basic economic problem.

Which of the following is an incorrect statement regarding variances? a. A variance can be both favorable and unfavorable. b. A variance is favorable when expected sales are more than actual sales. c.

You have just bought a 10-year security that pays $500 every six months. Another equally risky security also has a maturity of 10 years, and pays 10%, compounded monthly (that is, the nominal rate is 10%).

Both Curtis Flooring and Keller Roofing have estimated their uncollectible accounts at 12/31/22 to be $14,000. In addition, both companies use the allowance method for uncollectible accounts.

At the grand opening of a store, every 6th customer to enter the store is given a $10 gift card and every 9th customer is given a coupon for 10% off their entire order. which customer is the first to receive both gifts.

Which of the following statements about group norms is true? A. They are different sets of expectations of how various individuals should behave. B. They are usually negative and destructive. C.

A sales manager has implemented a program for his salespeople that involves a meeting with each salesperson, during which the sales manager gives the salesperson the yearly quota for the salesperson's territory.

Generally speaking, the blank the risk, the blank the potential

Taylor wants to create a budget to track her expenses and identify ways she can reduce spending. What tools could she use? -Quicken -bill pay -spreadsheets -Mint -BudgetTracker

A bond investor buys a municipal bond with a face value of $100,000 and a 3% coupon. The bond matures in one year. The investor pays $99,500 for the bond which includes accrued interest.

Which of the following statements is correct? a. Both perfectly competitive and monopolistic firms are price takers. b. Both perfectly competitive and monopolistic firms are price makers. c.