If the consumer price index for a certain year is 120, this means that the average price of consumer items in that year was:

Total revenue is: a. the price effect times the quantity effect. b. the price of a good times the quantity of the good that is sold. c. the price of a good divided by the amount of the good sold. d. total sales less total cost.

One would expect a sports team who continues to add players to its roster (beyond the minimum required to "field a team") to eventually encounter: Robust marginal revenue growth. Diminishing marginal product of capital.

Which of the following statements is true of organizations that practice the entitlement approach? a. Employee rewards vary little from person to person and are not much based on individual performance differences. b.

Brandon owes his brother $120. he has a stamp collection worth $1,250 and he has $300 in a bank account. he also has a skateboard worth $95. which are brandon's assets? a. the stamp collection only b. the bank account only c.

If no externalities exist in a particular industry, what happens to the market equilibrium?

Which of the following producers is a producer of services? A. Raul fixes cars. B. Taylor sells car parts. C. Jared runs a toy store. D. Tina is a chef in a restaurant.

Disruptive innovations are more likely to come from large companies with extensive resources. a. True b. False

A U. S. automobile company sells many of its cars in countries that have lower taxes on corporate profits than the U. S.

Suppose that flu shots create a positive externality equal to $20 per shot. what is the relationship between the market equilibrium output level and the efficient equilibrium output produced?

To qualify for the moving expense deduction, an employee must change job sites, move a required distance, and change employers. a. True b. False