A specific goal for a salesperson might be to "sell as much as you can."

a. True

b. False

Which describes a situation in which a shortage occurs? Question 3 options: Consumers want more video-game systems than the company can make. There is inefficiency in the productive process used to make cell phones.

According to Cloward and Ohlin, which type of gang emerges in areas where conventional and illegitimate values and behavior are integrated by a close connection of illegitimate and legitimate businesses? a. conflict gangs b. criminal gangs c.

Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $0.50 per banana. The implicit costs per week are $200,000.

How is the market for athletes an example of supply and demand,

Marie eats at the downtowner diner and frequently reads the entire menu, but she always orders the chicken quesadilla.

The cyclically-adjusted deficit as a percentage of GDP is 2 percent in Year 1. This deficit becomes 1 percent of GDP in Year 2. It can be concluded from Year 1 to Year 2 that: A. Fiscal policy was more expansionary B.

Carol takes out an insurance policy on her car. Carol can assign her policy to a third party

What's the purpose of a revenue tariff? A. To pay for specific social-support programs. B. To tax lower income people at a higher rate. C. To raise money for the government. D. To retaliate against protective tariffs.

The managers of Rug Emporium, a large rug store, decide to have a sale. The store manager works with the advertising department to make the public aware of the sale, with department managers to schedule enough salespeople to handle the increased

Brief Exercise 8-06 The cash register tape for Bluestem Industries reported sales of $6,871.50. Record the journal entry that would be necessary for each of the following situations. (a) Cash to be accounted for exceeds cash on hand by $50.75.