In a market economy who decides what will be produced?

a. managers

b. government

c. traditions

d. consumers

gmat An international basketball tournament will be held in either Nation QN or Nation RN. Exactly six nations, including the host, plan to participate, depending on the following conditions: SN will participate only if TN does.

Describe a real incident in which you were treated rudely as a customer somewhere. how would you have handled it differently if you had been in the other person's position.

Target costing is directed toward: Multiple Choice The improvement of existing production processes by eliminating non-value adding activities. The creation and design of products that will provide adequate profits.

Phillip is actively engaged in the oil business and owns numerous oil leases in the Southwest. During the current year he made several trips to inspect oil wells on the leases and to consult about future oil wells to be drilled on these sites.

What primary economic activities are associated with making jeans?

Pentrall, a healthcare company, provides a lower training rate to its employees belonging to the age group of 18 to 19 years. The rate is applicable for a period of 90 days.

A firm has hired you as a consultant. This firm is perfectly competitive and has no control over price. This firm is selling 10,000 units at a price of $2. Total costs are $30,000. Total variable costs are $25,000.

Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock has decreased in value by 6.5% per year.

True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False

Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.