What is any factor that makes it difficult for a new firm to enter a market referred to as?

a. a sustainable cost

b. a commodity

c. a barrier to entry

d. perfect competition

Your job is on the cash register at the check-out counter. an impatient customer jumps ahead of several customers already waiting in line. what would you do?

In 2019, Kelsey sustained a loss on the theft of a painting. She had paid $20,000 for the painting, but it was worth $40,000 at the time of the theft.

Salad Express exchanged land it had been holding for future plant expansion for a more suitable parcel of land along distribution routes. Salad Express reported the old land on the previously issued balance sheet at its original cost of $62,000.

Alma recently purchased a mexican restaurant for $450,000 from which she expects to earn a monthly profit of $1,500. her expected annual rate of return is: 8 percent 4 percent 10 percent 6 percent

What happens when you do not make a decision?

Software that organizes, manages, and processes business data, such as data concerned with inventory, customers, and vendors, is called:

You plan to invest $6,500 for three years at 4 percent simple interest. what will your investment be worth at the end of the three years?

To generate higher profit margins, producers must work to

Domestic Market for Steel, Alpha Qs P Qd 60 5 10 40 4 20 30 3 30 20 2 40 10 1 50 Domestic Market for Steel, Beta Qs P Qd 80 5 20 70 4 30 60 3 40 50 2 50 40 1 60 The accompanying tables show data for the hypothetical nations of Alpha and Beta.

Ronald defaulted on his home mortgage payments. The lender obtained a court order to foreclose on the property. At the foreclosure sale, Ronald's house sold for $29,000 and the unpaid balance of his loan is $40,000.