The law of diminishing returns does not apply to traditional products.

a. True

b. False

Discuss the actions taken by the read_item and write_item operations on a database.

A commercial bank sells a treasury bond to the federal reserve for $100,000. (assume that all proceeds from this bond sale are lent out) the money supply: is unaffected by the transaction. increases by $100,000. decreases by $100,000.

Which of the following results from the fact that costs and benefits are based on personal preferences? O A. Both monetary and non-monetary factors are taken into account. O B. Monetary factors are more important than non-monetary factors. O C.

at a perfectly competitive firm's current output level, average total cost is $15, average variable cost is $10, and marginal cost is $8 and increasing. if the product price is $15, what should this firm do to maximize profits?

Starting a new business as a sole proprietorship: a) requires retaining the services of an attorney. b) is simple, but the proprietorship fee is very expensive in some states.

The one-to-one property of natural logarithms states that if ln x = ln y, then

The Fisher effect:a. says the government can generate revenue by printing money. b. explains how prices adjust to obtain equilibrium in the money market. c. says there is a one for one adjustment of the nominal interest rate to the inflation rate. d.

Sandra has a young child and would like to set money aside for her college education. Which type of savings option should Sandra choose? money market account treasury security basic savings plan 529 plan

A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $16 per hour per employee.

Leah, the CEO of SteadyResults Corp., feels that she is underpaid, so she hires a compensation consultant to survey actual competitors of the company. According to agency theory, if SteadyResults performs poorly, her salary will most likely: