Why do firms try to avoid competition

In rich countries such as the United States, changes in the level of taxation have little impact on the incentives of entrepreneurs. True or False?

Jacques has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. Now Kyoko, whom Jacques has wanted to date for a long time, asks him to a concert.

Interruptions such as answering the telephone and checking e-mails fall under which of the following quadrants in the time management matrix? A. Quadrant 4 B. Quadrant 1 C. Quadrant 3 D. Quadrant 2

Concord Company on July 15 sells merchandise on account to Pharoah Co. for $3800, terms 3/10, n/30. On July 20 Pharoah Co. returns merchandise worth $1800 to Concord Company. On July 24 payment is received from Pharoah Co. for the balance due.

A model of demand predicts that a rise in price will cause a decrease in the quantity of a good consumers want to buy anda in price will cause an increase in the quantity of a good consumers want to buy. In this model: decrease a.

Sandusky Company borrowed $28,000 from the Lakeside Bank by issuing a 10% three-year installment note. Sandusky agreed to repay the principal and interest by making annual payments in the amount of $11,259.21.

Some discount stores put products in large bins and let consumers hunt and find bargains. The price these consumers pay includes: a. the time the product was full price and didn't sell b. the value of their time and energy c.

Which one of the following is not a financial intermediary? A. Security dealers B. Insurance companies C. Real estate investment trusts D. Pension funds

Sherry often makes long personal phone calls from her desk during the work day. Alvin likes to wear shorts and old t-shirts to work during the summer. Jillian usually arrives 10 minutes late to the office in the morning.

Which of the two would you consider most important, money or inventory?