In economics, why must consumers, businesses, and governments make choices?

If a firm sells 40,000 units and the contribution margin on the firm's single product is $4.00 per unit and fixed costs are $60,000, what will the firm's operating profit be at this level of sales volume?

What must happen in order for an insurance company to make a payout? Check all that apply. The insurance company must verify the claim. The insured party must file a claim. The insured party must purchase property.

Without technological advancement, how can a nation achieve economic growth

A percentage added to the index of an adjustable rate mortgage that results in the "calculated rate" is the

Richard's Sporting Goods reports net income of $150,000, net sales of $520,000, and average assets of $1,600,000. The profit margin is:

The manager of a national retailing outlet recently hired an economist to estimate the firm's production function.

There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry.

Three members of the DiCarlo family, Vinny, Maria, and Franki, are choosing the entree for a large family reunion. Their options are: spaghetti, ravioli, lasagne, and pizza.

How much of gordon's social security is taxable? a. $0 b. $16,000 c. $13,600 d. $6,646?

Buffalo Corporation purchased warehouse shelving for $96,000, terms 1/10, n/30. At the purchase date, Buffalo intended to take the discount. Therefore, it made no entry until it paid for the acquisition. The entry was: