What's the cause if prices remain the same

On August 31, 2018, the general ledger of The Dean Acting Academy shows a balance for cash of $7,944. Cash receipts yet to be deposited into the checking account total $3,338, and checks written by the academy but not yet processed by the bank total

A single-price monopolist is currently producing in the inelastic portion of its market demand curve. In order to maximize profits, the monopolist should change the price and output in which of the following ways? A. P=Increase; Q=Increase B.

A poultry rancher discovered what when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of her eggs fell from 300 dozen per week to 200 dozen per week.

One way that governments can improve market outcomes is to ensure that individuals are able to own and exercise control over their scarce resources.

Which of the following statements regarding closing journal entries is correct? a. Closing entries transfer net income (or loss) to the Retained Earnings account. b.

A parent acquires its subsidiary on January 1, 2019, at a cost that exceeds the subsidiary's book value by $10,000.

Anastasia, a regional manager, started a project three years ago while riding high on the success of several other projects that had earned her a name within the company and accelerated her career path.

Wenqin is a farmer, and in the short run she produces 100 bushels of wheat. Her average total cost per bushel is $1.75, total revenue is $450, and total fixed costs are $100. Wenqin's: Select one: a. average fixed cost is $1.50. b.

A natural monopoly occurs when A. production requires the use of free natural resources, such as water or air. B. the product is sold in its natural state, such as water or diamonds. C. there are economies of scale over the relevant range of output.

After the multiplier effect is accounted for, the change in investment spending will cause the quantity of output demanded toincrease by at each price level.