Janine Alberg's day care cente rhas only one direct competitor on her side of town, but a substitute service is

A drugstore is promoting candy sales for one month. A budget of $300 was allocated to this promotion based on 5% of net candy sales during the same period last year. What were the net sales that led to the $300 budget

Which of the following statements is incorrect? A) Two cost drivers often used in practice are: direct labor hours and machine hours. B) The Work in Process inventory account is increased when manufacturing overhead is applied to production.

A firm should consider vertical integration when Multiple Choice customer needs are evolving. the suppliers of raw materials to the firm are unable to maintain quality standards. the suppliers of the firm willingly cooperate with the firm.

The pizza delivery industry is monopolistically competitive. Little Joe's Pizzeria raises its prices by 10%, but all the other pizzerias in town keep their prices the same.

Linda consumes two goods: x and y, has preferences that are smooth and maximizers are always interior, and income W=$150. If px=$25 and py=$5, what is the marginal rate of transformation of y into x (MRTxy) at her optimal bundle? a. - 1/2 b. - 5 c.

In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of international trade.

Sea Company reports the following information regarding its production costs: Units produced 54,000 units Direct labor $ 47 per unit Direct materials $ 40 per unit Variable overhead $ 29 per unit Fixed overhead $ 135,000 in total Compute the product

In which case did the U. S. Supreme Court determine that the federal government did not overstep its bounds under the commerce clause when it enacted the Controlled Substances Act of 1970? a. Shepard v. U. S. b. Gonzalez v. Raich c. Obergefell v.

For his 17th birthday, Asher bought himself a used car from a car dealer for $10,000. The dealer purchased it for $6,000, repaired it, and then sold it to Asher.

The economic growth model predicts that the A. level of per capita GDP in poor countries will decrease over time and the poor nations will not be able to catch up with the rich nations. B.