a long-term care policy must provide coverage in a setting other than an acute care unit of a hospital for at least how many consecutive months for each person covered by the policy

When labor is the only input a firm uses, the marginal cost of a unit of output can be defined as A. the marginal revenue multiplied by the wage. B. the marginal product of labor multiplied by the wage. C.

Moon, a farmer, needs to install a two-thousand-pound piece of equipment in his barn. This will require lifting the equipment thirty feet up into a hayloft.

Which of the following is not an obstacle to achieving environmental efficiency through markets? Select one: a. Transactions costs. b. Income effects. c. Free-rider problems. d. Private negotiations.

A well-known franchise food chain was brought to its knees when several customers got sick from tainted beef. Although the food chain recovered due to its quick and consistent action, several franchisees sued the parent company for loss of sales.

A firm operating in a market economy has a strong incentive to be productively efficient and allocatively efficient because the former enables it to minimize production costswhile the latter ensures it of ample revenues.

The essential requirement for different businesses to be related is that A. E) the production methods that they employ both entail economies of scale. B. B) the products of the different businesses are bought by much the same types of buyers. C.

Which of the following statement best describes the difference between a trade surplus and a trade deficit?. A. A trade surplus is when a country exports more than it imports, while a trade deficit happens when imports exceed exports. B.

A buyer and seller have entered into a contract for sale of a duplex. the buter defaults on the contract and the seller claims the escrow deposit per contractual agreement. What term applies to this situation?

Daniel owns a small business that he is considering selling. he contracts with blair, a business attorney, to provide him with legal advice on the sale of his business. daniel's contract with blair is governed by

One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today, the market interest rate on these bonds is 5.5%.