A vacation house in Colorado is

a. rival in consumption and not excludable.

b. not rival in consumption and not excludable.

c. rival in consumption and excludable.

d. not rival in consumption and excludable.

If the demand for money is $100 billion and the supply of money is $200 billion, then the interest rate will: fall. rise. remain unchanged. be in equilibrium.

1. How much interest would you pay on a loan of $1,230 for 15 months at 15 percent APR if the interest is 18.75 per $100? $225.00 $230.63 $281.25 $332.50 2. Sherri borrowed $3,200 at 13 percent APR for 18 months. If she must pay 19.

When making scrap or rework decisions, management should consider: (Check all that apply.) a. Revenue from selling defective units as scrapb. Incremental costsc. Lost profit on making and selling new units while reworking defective units

Which is based mainly on individual choice

A monopolist introduces a technological innovation that lowers the marginal cost and average cost of production. The price of the good and the level of output are most likely to change in which of the following ways: A.

Mallory hires Raghav to work for one year as an assistant manager at $5,500 per month, reserving the right to cancel the contract at any time. After two months, Mallory fires Raghav because the company's order volume drops.

Which of the following terms best describes the cumulative value of net income or loss not taken out of the business? (A) Short-term capital. (B) Contributed capital. (C) Working capital. (D) earned capital.

A nation seeking to increase its overall productivity might be best served by investing money into which area?

What are some examples of human capital (skills or knowledge) that our economic system (capitalism) overvalues? Give at least two examples of professions or skills that you believe are paid too much for what they do.

Nichols Corporation's value of operations is equal to $600 million after a recapitalization (the firm had no debt before the recap). It raised $150 million in new debt and used this to buy back stock.