The major shortcoming of a barter economy is A. the requirement of specialization and exchange. B. that goods and services are not traded. C. that money loses value from inflation. D. the requirement of a double coincidence of wants.

If a 10 percent increase in both capital and labor causes output to increase by less than 10 percent, the production function is said to exhibit decreasing returns to scale.

Select the items that describe the results of scarcity. There are not enough goods and services to meet everyone's wants. There are too many resources for producers to use. Using resources today means having fewer of them in the future.

Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June: Fixed Element per Month Variable Element per Liter Actual Total for June Revenue $ 25.

Joan is trying to decide if she wants to open her own hair salon, or buy an existing one. Curl Up and Dye is a very popular salon in town, and Joan knows the owner wants to retire soon.

Before a three-for-one stock split, the shares outstanding were 5,000 shares at $12 par.

Sharp Focus Cameras is facing intense competitive pressure. Top marketing managers are looking for ways to cut costs. They are considering a plan to cut distribution costs by eliminating marketing intermediaries from the channel of distribution.

Older adults who participated in 20 one-hour video game training sessions with the program lumosity showed reduction in their:

The total of tools, equipment, machinery, and buildings used to produce goods and services is called supply. True or False

What percentage of federal revenues is made up of corporate taxes

F Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably