Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is charged to all consumers in the market. true

The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2for fixed factory overhead) based on 100% capacity of 30,000 direct labor hours.

The best way to find out if a particular business is a good fit for you is to A. "shadow" an owner for several days to see what's really involved. B. try the business for two years, then sell it if it's not right for you. C.

An elderly client who has a documented history of dementia is intermittently alert and can currently tell you her name. Who should sign the client's informed consent for an invasive diagnostic procedure?

The Kellys are planning for a retirement home. They estimate they will need $200,000 4 years from now to purchase this home. Assuming an interest rate of 10%, what amount must be deposited at the end of each of the 4 years to fund the home price?

A decision is made at the margin when each alternative considers A) a different trade-off than the others. B) where the most costly alternative will be. C) what the "all or nothing" alternative will be.

The credit terms, 2/15, n/30, indicate that a: Multiple Choice two percent discount can be deducted if the invoice is paid after the fifteenth day following the sale, but before the thirtieth day.

Chen runs a consulting firm that provides strategies to companies that are into space exploration. What type of business does Chen own? A. manufacturing B. merchandising C. service D. wholesale

A department store has budgeted sales of 12,000 men's suits in September. Management wants to have 6,000 suits in inventory at the end of the month to prepare for the winter season. Beginning inventory for September is expected to be 4,000 suits.

Identify the strengths and weaknesses of a partnership

The managers of a restaurant have decided to utilize the Hawthorne effect to increase productivity, which means using cameras to film employees at work in order to isolate the parts of a job. a. True b. False