If supply is price-inelastic and demand is price-elastic, then the firm can earn positive profits by increasing the price.

a. True

b. False

Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $40 per share. The initial margin requirement was 50%. (The margin account pays no interest.

What is price elastic of supply

Define a cash budget

On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 60 million, $2 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $17 on June 13.

What would you place below the return address on business envelope

Most states do not allow automobile repair shops to hold a customer's car when the customer refuses to pay for repairs already completed.

Maggie wants to name her artificial flower arrangement business using her name, "Maggie Lightner, Inc. Her friend sally thinks she should name it "Forever Flower Designs". Think about the advantages of a sole proprietorship.

Portland, inc. has formed four activity cost pools: product design, machining and production, machine setup, and inspection.

Before starting a business, an entrepreneur should consider the following sacrifices: a. Professional b. Financial c. Personal d. All of these are correct.

The world is often described as having a global economy. How important is international trade to the United States?