Which of the following is a characteristic of a monopoly?

a. no barriers to entry

c. it is always government owned

b. a single buyer

d. a single seller

Classify each of the following based on the macroeconomic definitions of saving and investment:1. Saving Investment Kyoko borrows money to build a new lab for her engineering firm. 2. Rina purchases stock in NanoSpeck, a biotech firm. 3.

At December 31, 2017, Carla Company has outstanding three long-term debt issues. The first is a $2,050,000 note payable which matures June 30, 2020. The second is a $6,750,000 bond issue which matures September 30, 2021.

What does an operating system do? A. It keeps the computer from using application software. B. It operates the mouse, but not the other hardware. C. It tells the computer user how to operate the computer. D.

In conducting their research, economists face an obstacle that not all scientists face; specifically, in economics, it is often impractical to a. find articles or books that were written before 1900. b. conduct laboratory experiments. c.

3. Categories of expenditures Larry and Megan Smith live in Swarthmore, PA. Megan's father, Raphael, lives in Sweden. For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U. S.

Ten Pins Manufacturing has 9 million shares of common stock outstanding. The current share price is $81, and the book value per share is $8. The company also has two bond issues outstanding.

The higher the price of an antique, the greater people's expectation that the object is rare. That, in turn, makes the antique appear more valuable. If the statements above are correct, then offering an antique for sale at a bargain price:

Elmer received the following distributions from Virginiana Mutual Fund for the calendar year 2019: Ordinary dividends $250 Capital gain distributions $170 Nontaxable distributions $80 Elsie, Elmer's wife, did not own any of the Virginiana Mutual

Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached a.

If it is known that the income elasticity of demand for the same good is 2.5, estimate the percentage change in demand if consumer income increases from $100 to $300.