Why is the price system an efficient way to allocate resources

When you visit a campus, you should plan to do all of the following except. A. stay the night in a dorm. B. meet with a professor. C. sit in on a class lecture. D. attend a college party.

United Airlines' 2016 balance sheet reported the following (in millions) Total Assets $40,091 Total Liabilities 31,485 Contributed Capital 3,573 What was United Airlines' total liabilities and stockholders' equity at December 31, 2016?

One difference between total utility and marginal utility is that

Uma and edward are assigned to partner on a project, but they have never worked together before. uma texts edward, "are you available to meet at four this afternoon?" edward replies, "yep. cu then.

Diaz Company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,00. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations. 1.

A country currently has an outstanding debt of $45 billion. Its current-year expenditures are $12 billion and its tax revenue is $14 billion.

Yakov left his job as a plumber when his wife took a position in another region. the quantity of plumbing services demanded is considerably lower in the new region, in part because of high union-negotiated wages.

Luthan Company uses a plantwide predetermined overhead rate of $23.20 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $278,400 of total manufacturing overhead cost for an estimated activity level of 12,000

Sweet Cream is an ice cream manufacturer. It sells Guilt-Free, a zero-calorie ice cream, which competes with Flavor Bell's Moo Sweet, a low-calorie ice cream. Flavor Bell reduces Moo Sweet's prices to match Guilt-Free's prices.

Which of the following is NOT considered to be one of the three primary functions that all organizations perform? A. finance/accounting B. research and development C. production/operations D. marketing