How does a firm generally respond to higher demand for its goods?

a. it rations goods.

b. it raises prices.

c. it cuts prices.

d. there is no set response to this situation.

Smart employers recognize that innovative ideas are worth the risk agree or disagree

Under the Affordable Care Act, which of these plans is designed to provide coverage that is actuarially equivalent to 80% of the full actuarial value of the benefits provided under the plan? A. Gold B. Platinum C. Silver D. Bronze

The long-run supply curve would be perfectly elastic when

In 2016, the population of the United States was approximately 325 million people, with an annual growth rate of approximately 0.7%. If the population of the U. S.

N the 1930s, what caused Canada to respond by raising its tax on goods imported from the United States? the Glass-Steagall Act the drop in the gold standard the global depression the Hawley-Smoot Tariff

Which of the following is an inequality or equation that expresses a restriction in a mathematical model? a. Decision variableb. Parameterc. Objective functiond. Constrainte. None of these

Vent, Inc. reported net income of $770,000 for 2018. Vent sold 15,000 shares of treasury stock acquired in a previous year on July 1 and 15,000 new shares on November 1. At year-end, 180,000 shares were outstanding.

Looking for a solution for a common source of irritation and frustration can be a A. Great way to generate an idea B. Dead end C. Exercise in futility D. Good chance to complain

Pedro agreed to repair a house for a client and started to work on December 30, 2016. On January 2, 2018, he completed the job and received payment from the client. Pedro must record the income in:

Flying high manufacturing produces frisbees using a threeminus-step sequential process that includes molding, coloring and finishing.