How is profit determined?

A.) total revenue plus total cost

B.) marginal revenue minus marginal cost

C.) total revenue minus total cost

D.) marginal revenue plus marginal cost

Which market do consumers benefit the most from? a. perfect competition b. monopolistic competition c. monopoly d. oligopoly

Assume you can currently exchange one U. S. dollar for one hundred Japanese yen. Also assume the inflation rate will be 2.5 percent annually in the U. S. and 2 percent in Japan.

Charles was the last person on his block to purchase a color television set, and that was in the 1980s. he just couldn't see the reason to purchase a new color television if his old one was working just fine.

All the different management fees and fund's operating costs are often referred to as a (n) : Question 17 options: financial ratio. expense ratio. investment ratio. management ratio.

Which commercial business/private sector data classification is used to control information about individuals within an organization? A. ConfidentialB. PrivateC. SensitiveD. Proprietary

Which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a parochial school d. a baseball team

What is an over-zealous speaker?

The amount of fica tax that employers must pay is twice the amount of the fica taxes withheld from their employees. true or false

Joe tells you, "I'm concerned that if a Theo Chocolate manager is doing something unethical, I'm not going to hear about it." He asks, "What can I do to encourage employees to speak up if they see something wrong?" What advice would you give him?

A company determines the cost of goods sold each time A. a sale occurs in a periodic inventory system only. B. a perpetual inventory system only. C. both a periodic and perpetual inventory system. D. neither a periodic nor perpetual inventory system.