The law of supply states that

a. as prices rise, so will supply and vice versa.

b. as prices fall, supply will rise and vice versa.

c. as prices rise, supply will fall and vice versa.

d. as prices rise, supply will stabilize and vice versa.

The circles shown to the right are similar but not exactly the same. this is an example of

Invested Capital Corporation provides other firms with funds to expand op-erations. If Invested Capital strictly complies with existing laws, the firm's business ethics obligations willa. be entirely met. b. not be met. c. be partially met. d.

The type of financial aid which provides money for a job on campus is called

Mr. Rhu deeds a life estate to Ms. Silva with the stipulation that upon her death the property comes back to him.

Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $254,500, terms n/30. The cost of the goods sold is $152,700.

Which of the following is a disadvantage of the sole proprietorship form of ownership

Products that are essential for life, such as water or groceries, yield more marginal utility than rare products, such as diamonds or luxury vehicles. A. True B. False.

Copy Center pays an average wage of $12 per hour to employees for printing and copying jobs, and allocates $18 of overhead for each employee hour worked. Materials are assigned to each job according to actual cost.

Which of the following is true of internal recruiting? a. It increases recruitment time and costs. b. It targets job applicants that do not currently work for the organization. c. It improves employee commitment and morale. d.

In a perpetual average cost system: a. The average is determined by dividing the total number of units sold by the cost of units purchased during the period. b. A new weighted-average unit cost is calculated each time additional units are purchased.