What do falling prices signal in a market economy?

True or false: A resource is said to have a comparative advantage if it is better suited to the production of one good than to the production of another good.

A firm is offered trade credit terms of 2/8, net 45 days. The firm does not take the discount. It pays after 58 days. What is the effective annual cost (EFF%) of not taking this discount

For each of the annual inflation rates given in the following table, first determine the new price of a movie ticket, assuming it rises at the rate of inflation.

How are the needs and wants of grand champion customers changing?

Have you EVER not filed a federal, state, or local tax return since you became a lawful permanent resident?

When demand curves intersect, the curve with the larger slope in absolute value (the steeper demand curve) is more elastic?

Economies of scale are ways that a company can lower the cost per unit by selling more units overall A. True B. False

Suppose warren buffet withdraws $1 million from his checking account at chase manhattan bank. if the required reserve ratio is 20 percent, what is the maximum change in deposits in the banking system?

The market system's answer to the fundamental question "how will the goods and services be produced?" is essentially

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12.1 million, which will be depreciated straight-line to zero over its four-year life.