People have little incentive to produce a public good because a there is

a. Tragedy of the Commons.

b. the social benefit is less than the private benefit.

c. there is a free-rider problem.

d. the social benefit is less than the social cost.

Windsor, Inc. uses a perpetual inventory system and reported $512,000 of inventory at the beginning of the month based on a physical count of inventory.

The majority of business in the united states have fewer than ___ employees five ten fifteen twenty

An economy produces apples (in kilos) and computers (in units). The quantities of apples in years 2008, 2009 and 2010 are 500, 500 and 550, respectively. The quantities of computers in those same years are 5, 5 and 6, respectively.

Kansas Company acquired a building valued at $152,000 for property tax purposes in exchange for 12,000 shares of its $6 par common stock. The stock is widely traded and selling for $17 per share.

This department operates the bureau of engraving and printing, which includes the printing of all money, postage stamps, and food stamps.

On October 15, 2018, a 5% stock dividend was declared and distributed. The fair value of the common stock on this date was $31.8 per share. Fractional share rights represented 100,000 shares. Cash was paid in lieu of issuing fractional share rights.

Which sources of information would be the most inclusive for an entrepreneur determining information to complete financial statements?

When a celebrity receives extra compensation for winning an award, this compensation is referred to as a

Inlcuded in Perry's capital balance is a $20,000 partnership loan owed to Perry. Perry, Quincy, and Renquist shared profits and losses in a ratio of 2:4:4. Liquidation expenses were expected to be $15,000. All partners were solvent.

Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect. A. The market supply curve is upward sloping at prices above the firm's shutdown price. B.