Why is the price system an efficient way to allocate resources

Brands that have developed loyal customers have a higher price elasticity of demand. a. True b. False

If a firm has a debt ratio of 54%, what is the firm's debt to equity ratio?

Simon lost $4,300 gambling this year on a trip to Las Vegas. In addition, he paid $2,650 to his broker for managing his $265,000 portfolio, and $1,030 to his accountant for preparing his tax return.

How is a proportional tax different from a progressive tax? Flvs

A change in the estimated useful life of equipment requiresa. a retroactive change in the amount of periodic depreciation recognized inprevious years. b.

Which best explains why large companies pay less for goods from wholesalers?

The marketing manager of ToyBiz indicated that due to manufacturing efficiencies and market buzz, a new toy they were about to launch was likely to generate revenue beyond original projections.

Astronauts can use 3D and molecular printers for shelter construction and food preparation on site instead of having to carry the materials to mission sites, thus A.

arter Company sells merchandise on account for $4,000 to Hannah Company with credit terms of 2/10, n/30. Hannah Company returns $600 of merchandise that was damaged, along with a check to settle the account within the discount period.

Which appraisal method would be most useful in appraising an unusual building which has a very limited and specific use? a. price approach b. cost approach c. sales comparison approach d. income approach?