In one or two sentences, explain why there is no excess demand or excess supply at the equilibrium price.

Dana has a portfolio of 8 securities, each with a market value of $5,000. The current beta of the portfolio is 1.28 and the beta of the riskiest security is 1.75. Dana wishes to reduce her portfolio beta to 1.

The total cost analysis demonstrates how other costs besides the unit cost can affect purchase decisions. True False

A franchise is A) a license that business owners purchase from a larger company B) illegal in most states C) very expensive to purchase and more expensive to maintain D) none of the above

Quick Burger is preparing a training program to teach employees how to operate its new coffee-making system.

Mathers Equipment purchased a road grader on January 2nd, 2017, for $165,000. They plan to use the grader for eight years and 19,000 hours (3,000 hours each year in 2017-2019 and 2,000 hours each year in 2020-2024).

What percentage of retail customers never registers a customer service complaint? 96% 50% 4% 75%

The professor announced the first day of class: "Students are not good at meeting deadlines. I guarantee you that someone will email me the day after a due date and ask if I will accept a paper for partial credit.

Barney, a manager, is very conventional, resistant to change, habitual, and does not accept new ideas very easily. This implies that Barney has:

Evan has received permission from his state to form a corporation for his startup, expecting his liability would be limited to the amount of his investment.

In 2016, Bubble Inc. had net income of $500,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000. In 2017, Bubble Inc. had net income of $600,000, assets of $7,000,000, sales of $1,300,000, and debt of 2,000,000.