Explain how consumer sovereignty operates in the marketplace to determine the success or failure of an entrepeneur

The following is an extract of Aster Inc.'s balances: Items Amount ($) Opening inventory 20,000 Closing inventory 10,000 Sales 50,000 What is Aster's return-on-assets ratio? A. 2 B. 4 C. 3 D. 5

What is meant by thinking at the margin

Which of the following estimates are required when calculating depreciation expense? 1. Depreciation rate 2. Useful life 3. Expected maintenance costs 4. Salvage value

What is the difference between a budget and a standard? a) A budget is the cost of an item at a static activity level, while a standard is based on a flexible activity level.

How do blue collar workers and white collar workers differ in the types of work they perform?

If an individual seller tries to increase the price of their product in a perfectly competitive system then:

If expansionary policy produces high GDP and low unemployment, why wouldn't the Fed always use expansionary policy?

What is scientific management

Which of the following is considered a "diversified" investment? A. Mutual Fund B. Index Fund C. Both of these D. Neither of these

Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.