When there is a shortage, rationing is a method of distributing goods by using prices.

a. True

b. False?

Which of the following is correct? Use letters in alphabetical order to select options A Sometimes recessions are close together. B Recessions have never occurred very close together.

Rank the following three single taxpayers in order of the magnitude of taxable income (from lowest to highest). (First mean highest taxable income, third means lowest taxable income.

The difference between clan control and co management

Mars Corp. earned $10,000 in January, but Mars only received $7,000 of that and the other $3,000 will be received in February. Mars only expense was $2,500 for wages.

Primary producers are the basis for all aquatic and terrestrial food webs. How does the amount of primary production affect community structure?

Although horses were once a very important factor of production, the development of automobiles and other machinery reduced the demand for their use. This is an example of: a higher prices of substitute factors shifting demand for horses to the left.

The impairment rule for goodwill involves how many steps? (a) 1 (b) 2 (c) 3 (d) 4

Audrianna gives a walking tour of a popular tourist city to one person for $ 49. To increase her business, she would lower the price by $2 per person for each additional person.

A firm has a return on equity of 23 percent. The total asset turnover is 2.2 and the profit margin is 6 percent. The total equity is $5,600. What is the net income

Income before interest and tax $20,000 Debt capital $100,000 Interest on debt capital 5% Tax rate 30% What is the amount of tax paid for the year? The amount of tax paid for the year is $.