Why is buying a house a personal decision

A company pays $20,000 for the rights to a well with 5 million gallons of water. If the company extracts 250,000 gallons of water in the first year, what is the total depletion in year 1? a. $ 400 b. $1,000 c. $1,250 d. $5,000

Suppose that Eleanor receives higher pay at her workplace than her colleagues do, even though they perform essentially the same type of work.

Which of the following is not a factor of production? a. land b. capital c. goods and services d. labor?

You open a savings account on January 1, 2008 with $1,000. The interest rate stated on this account is 4%, compounded quarterly.

An increase in the price level will A. move the economy up along a stationary short run aggregate supply curve. B. move the economy down along a stationary short run aggregate supply curve. C. shift the short run aggregate supply curve to the right.

List the pros and cons of a savings account.

Focused strategies keyed either to low cost or differentiation are especially appropriate for situations where: a. The market is composed of distinctly different buyer groups who have different needs or use the product in different ways. b.

Good credit equals power. which statement best illustrates that power

Which situation is the most likely result of a price ceiling being set below the equilibrium price? a. decreased demand b. a surplus in the market c. a shortage in the market d. a higher equilibrium price?

The amount of interest (i) karl will earn on the amount of principal (p) he has in his bank account is found by using the formula i = prt, with r representing the rate of interest and t the time the money will be in the account.