Specialization is important in an economy because it leads to which important economic concept?

allocation of resources

price ceilings

government regulation

voluntary exchange

According the the chart below, what percentage of the simpsons' annual expenses is taxes?

A "moment of truth" is not: a. an opportunity to influence a customer's perception of the service quality. b. critical in achieving a reputation for superior quality. c. when the customer is forming an opinion about the efficiency of the service. d.

Many places of business will not take a check, but will take a credit card. True or False

Felipe deposited 4000 into an account with 2.2% interest, compounded quarterly. Assuming that no withdrawals are made, how much will he have in the account after 3years?

At the beginning of Year 1, a company reported a balance in common stock of $154,000 and a balance in retained earnings of $54,000.

Which of the following groups on the Insert tab contain the command to add WordArt to a publication? Illustrations Text Links Header & Footer

Avicorp has a $10 million debt issue outstanding, with a 6% coupon rate. The debt has semiannual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 95% of par value. a.

In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of

High value-added per employee is associated with: a. capital intensive industries. b. labor intensive industries. c. the shoe industry in 1860. d. the use of unskilled labor.

How were the earliest benefits of the industrial revolution distributed between Factory owners and workers?