The market for electricity is characterized by very high fixed costs and relatively low marginal costs. Do you expect that many firms will enter this market in the long run

Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1,500 units are planned to be sold in March. The variable selling and administrative expense is $4.60 per unit.

Which of the following is an example of a operating expense? a) market research b) manufacturing c) product packaging d) rent

Behavioral economist Richard Thaler has studied several examples of how businesses make use of inconsistencies in consumer decision-making.

Are real people answering these questions? Do u get paid?

Mumbai Travel Services provided the following information: Direct labor rate: $ 40 per hour Predetermined allocation rate for indirect costs: $ 22 per direct labor hour If Mumbai Travel records revenue of $ 350 for a job requiring 5 hours of direct

Blaser Corporation had $1,075,000 in invested assets, sales of $1,243,000, income from operations amounting to $216,000 and a desired minimum rate of return of 13%. The rate of return on investment for Blaser Corporation is

Which statement is TRUE? a. The concept of equilibrium requires that all individuals have an equal amount of income. b. If a market is in equilibrium, there will be no remaining opportunities for individuals to make themselves better off. c.

Bret Percy owns an art gallery and accepts paintings and sculpture on consignment. He has limited costs and is cautious about accepting artists. When he accepts one, he arranges for an opening show with an average cost of $300.

The process by which the eye changes its focus, by making the lens thicker and thinner

The main purpose of the standards of conduct is to