According to adam smith's four principles of sound taxation, a good tax should be

Consider some determinants of the price elasticity of demand: The availability of close substitutes? Whether the good is a necessity or a luxury? How broadly you define the market? The time horizon being considered?

When is a buyer not willing to spend a lot of time and energy researching the market?

Many colleges provide students from low-income families with scholarships, subsidized loans, and other programs so that they pay lower tuitions than students from high-income families. Explain why universities behave this way.

A chart of accounts is a list of all ledger accounts and an identification number for each. Identify the following accounts as either an asset (A), liability (L), equity (EQ), revenue (R), or expense (E) account. a. Advertising Expense b.

Martha can produce 70 quilts or 140 batches of chocolate chip cookies in a month. Jane can produce 8 quilts or 24 batches of chocolate chip cookies in a month. Distinguish between comparative advantage and absolute advantage.

Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called

has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent what is net income? What is ROE? What is ROA?

The overall variability of a firm's returns depends on the expected return of each individual project, percentage of funds invested in each individual project, and correlation coefficient of returns between the investments.

Luca writes a daily blog about why people should eat healthy foods and ways to eat healthfully. What are the purposes of his blog? to entertain and advertise to advertise and inform to argue and inform to argue and entertain

Billy accepted a job at a company that specializes in providing money for short-term retail lending. where did he go to work?