Which of the following is a primary benefit of entrepreneurial competition?

1. lower taxes

2. larger markets

3. faster innovation

4. better-informed consumers

Delta Technologies, Inc., operates in a perfectly competitive market and has experienced economies of scale because of advanced technologies that have allowed it to make production more efficient. Delta Technologies, Inc.

On December 1, Year 4, Tigg Mortgage Co. gave Pod Corp. a $200,000, 12% loan. Pod received proceeds of $194,000 after the deduction of a $6,000 nonrefundable loan origination fee.

After preparing its financial statements for June, Pinnacle Corporation realizes that its income statement shows total revenues that are $500 too high and total expenses that are $500 too low.

Janitor Supply produces an industrial cleaning powder that requires 38 grams of material at $0.50 per gram and 0.25 direct labor hours at $16.00 per hour. Overhead is applied at the rate of $18 per direct labor hour.

The spoon made of silver is a spherical mirror

China has a collectivist culture. how do you believe that this will affect managers in a starbucks store?

XYZ title, in preparing a title commitment for a transaction set to close on July 1, 2009, comes across a deed from July 1, 1988 that is improperly acknowledged. What notation should they put on the title commitment?

When a firm in perfect competition has economic profit is equal to zero?

Workers who receive benefits are often less motivated. True or false.

Examples of transaction costs include (check all that apply) : A. the cost of the externality. B. the cost of monitoring an agreement. C. the cost of drafting a contract or agreement. D.