Start your own corporation: why the rich own their own companies and everyone else works for them

Several years ago, Castles in the Sand Inc. issued bonds at face value of $1,000 at a yield to maturity of 6.2%.

A key feature of market economies is that the market economy: a. have government planners to allocate all economic resources. b. allocate resources by everyone acting in their own self-interest. c. are based solely on consumer spending. d.

At the end of the first year of operations, Mayberry Advertising had accounts receivable of $22,100. Management of the company estimates that 8% of the accounts will not be collected.

The xyz widget factory can produce 80 widgets in a day at a total cost of $8,000 and it can produce 100 widgets a day at a total cost of $10,000. a. what are the company's daily fixed costs and marginal cost per widget?

A common feature of skiing is waiting in lift lines. Does the existence of lift lines mean the price is not working to allocate the scarce resource? If so, what should be done about it?

On May 31, 20X1, the Arlene Corporation adopted a plan to sell its cosmetics line of business, considered a component of the entity. By the end of the year, the assets have not been sold.

Which statement describes the equity‑efficiency trade‑off? Government intervention can increase efficiency in a market. Actions intended to make economic outcomes fairer may cause efficiency to decrease.

Adventures Company provides event management services. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business segment.

Being a first mover in a market is advantageous for a firm because: Group of answer choices it may have an opportunity to free ride on late-mover investments. it may gain advantage through proprietary technology.

In pure competition, the demand for the product of a single firm is perfectly Multiple Choice A) elastic because the firm produces a unique product. B) inelastic because the firm produces a unique product.