A price ceiling above $25 per box will not prevent the market from reaching equilibrium.

A. True

B. False

Mirrlees Furniture earned $750,000 last year and had a 30% payout ratio. How much did the firm add to its retained earnings?

An economist claims that average weekly food expenditure of households in city 1 is more than that of households in city 2. she surveys 35 households in city 1 and obtains an average weekly food expenditure of $164.

Michelle Martelle, CEO of Michelle Enterprises, has five projects in hand and is considering which, if any, to undertake.

Consignment goods are: O Goods shipped by the owner to the consignee who sells the goods for the owner. O Reported in the consignee's books as inventory. O Goods shipped to the consignor who sells the goods for the owner.

Suppose the large number of bike accidents in a small town results in new legislation that requires all citizens of the town to wear specialized bike helmets when riding.

Cow's Milk Farms needs a certain part for its pasteurizing equipment and enters into a contract to purchase the part from Dairy Supplies Inc., for $3000, with delivery promised on Monday.

Adam is looking for a job in marketing. he has had some offers and his prospects are promising, but he has not yet accepted a job.

What does a wholesaling company do

A community organizer wants to convince state officials to create a universal preschool program so that all families with young children will have access to affordable child care.

Kirsty is going to open a jewellery business. which of the following production methods should she use job, batch or flow production? (10 marks)