Which best explains why producers choose to specialize? Check all that apply.

{} to increase competition

{} to gain a comparative advantage

{} to decrease the amount of goods produced

{} to maintain market share

{} to increase efficiency

For a company using target costing, market price minus profit equals target price. True or False?

Carla Corporation owns machinery that cost $24,800 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $2,976 per year, resulting in a balance in accumulated depreciation of $10,416 at December 31, 2020.

If a company's revenues are higher than its expenses, it will cause A. an increase in owner's equity. B. a decrease in owner's equity. C. an increase in assets. D. no effect on owner's equity.

Describe a real incident in which you were treated rudely as a customer somewhere. how would you have handled it differently if you had been in the other person's position.

In Ricci v. DeStefano, Ricci, a white firefighter, took and passed the City of New Haven firefighter's test, required of all applicants for promotion in the city's fire department.

According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct size by more than 1 mm. In the manufacturing process, the standard deviation of this length is 0.

Baylee is driving her friend sarah to the movies. baylee loses control of the car and crashes into a fence. the vehicle's airbags deploy, and both sarah and baylee are shaken up but not physically injured.

What identifies data outside of a normal condition?

All of the following are examples of facility level costs except: Select one: a. Costs of cleaning the workplace. b. Costs of custodial work. c. Costs of personnel support. d. Costs of receiving shipments. e. Costs of providing electricity.

The law of supply states that a. as prices rise, so will supply and vice versa. b. as prices fall, supply will rise and vice versa. c. as prices rise, supply will fall and vice versa. d. as prices rise, supply will stabilize and vice versa.