What is likely to happen if the price of a product goes up.

You are considering the purchase of a new machine. Your analysis includes the evaluation of two machines which have differing initial and ongoing costs and differing lives.

A currency board exists when a country's central bank commits to back its money supply entirely with foreign reserves at all times. True False

The law of demand states that other things equal when the price of good rises the quantity demanded of the good falls and when the price falls the quantity demanded rises true or false

Mary Cooper just purchased 180 shares in the All-American Fidelity Fund. The purchase cost for each share was $13. If this fund charges a 3 percent load, what is the total amount of commission she will pay the investment company? A. $35.10 B. $65.

Many oligopolies are successful in earning economic profit year after year. Identify and explain what characteristic of oligopoly is most responsible for the presence of long-run economic profits.

Suppose the Fed raises the required reserve ratio, a move that is normally thought to reduce the money supply.

Alex contests for a local political office and makes a lot of promises to people. But after he wins the election and takes office, he is unable to carry out the political promises. In the given scenario, which leadership traits does Alex lack?

You observe a portfolio for five years and determine that its average return is 12.5 % and the standard deviation of its returns in 19.5 %. Would a 30% loss next year be outside the 95% confidence interval for this portfolio?

Pronghorn Company's income statement for the year ended December 31, 2020, contained the following condensed information.

Why would firms that rely heavily on credit sales find factoring attractive?