At an auction, Ben bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Ben estimated, and thus is worth less as is, Ben is:

Which of the following describes a positive externality? Select one: a. You buy a new jacket you really enjoy b. The government imposes a tax on cigarettes in order to discourage smoking among teenagers. c.

Zephyros Corporation had estimated manufacturing overhead costs for the coming year to be $ 306 comma 000. The total estimated direct labor hours and machine hours for the coming year are 8 comma 000 and 13 comma 000 , respectively.

Frictional unemployment is thought to explain relatively a. Short spells of unemployment, as is structural unemployment. b. Long spells of unemployment, as is structural unemployment. c.

Your grandmother left you $90,000 that you'll receive when you turn 40 in 18 years. Since you'd rather have some money now, you want to sell your claim to the inheritance. Attempt 1/10 for 10 pts.

Which of the following can be prohibited by a hotel/motel? A. refusing to allow a guest who wants to pay cash (US currency) to register B.

Gail's employer contributes $2,000 (5% of her $40,000 salary) to a qualified retirement plan for Gail. This pension plan is what kind of plan?

Jennifer believes that the price of sugar is too low and that the price will rise within the next calendar quarter. If she wishes to trade based on her belief she should: Select one: a. Take a long position in the futures market. b.

A firm has three different production facilities, all of which produce the same product ... While reviewing the firm's cost data, Jasmin, a manager, discovers that one of the plants has a higher average cost than the other plants and suggests

Five jobs are waiting to be processed. Their processing times and due dates are given below. Using the shortestprocessing time dispatching rule, in which order should the jobs be processed?

Acme Foods wants to make its chips saltier, but it doesn't want to spend more than it has to on salt. A sample of consumers are asked to compare its current chip (saltiness = 100) with saltier versions and to say whether the new version is saltier.