Which of the following pairs are characteristics of price-takers?

A. Cost-plus pricing and less competition

B. Cost-plus pricing and lack of product uniqueness

C. Target costing and heavy competition

D. Less competition and target pricing

Foreign households and businesses buy from our domestic product and factor markets. From our perspective this describes * A.) exchange rate B.) imports C.) trading bloc D.) import quota E.) exports

From the appearance of the utility function, we know that 2 a. Britney is risk averse. b. Britney gains less satisfaction when her wealth increases by X dollars than she loses in satisfaction when her wealth decreases by X dollars. c.

If Canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the US has an abundance of cleaning solutions but consumers are demanding more paper products, how would trade benefit both countries?

When the fed buys government bonds, the reserves of the banking system a. decrease, so the money supply increases. b. decrease, so the money supply decreases. c. increase, so the money supply increases. d. increase, so the money supply decreases?

Match the terms to their correct definitions. 1. resume the knowledge, experience, and abilities brought to a job or task 2.

When consumers buy a product what are they creating

List the four types of microorganisms that are pertinent to cosmetology

A piece-rate worker is paid A. a fixed hourly wage B. a fixed salary C. a fixed rate for each item produced or serviced D. a fixed rate per week worked

During its first year of operations, White Company bills credit customers $15,100 for services rendered. During the year, White receives $10,500 from all customers, $2,500 of which is received from cash customers.

In determining whether an activity should be classified as a hobby, the tax law provides a rebuttable presumption with regard to the profits or losses of an activity.