In some economies, the government makes all economic decisions regarding how to deal with issues of scarcity. What type of resource allocation strategy is this?

A. majority rule

B. authority

C. contest

D. lottery

A total of 700 tickets were sold for a game for a total of $3420. If adult tickets sold for $7 each and child tickets cost $3 each, how many of each kind of ticket were sold?

The process by which different individuals and units perform specific parts of the larger task is called? user: the procedures that link the various parts of the organization for the purpose of achieving the organization's overall mission are called?

You purchase a call option on pounds for a premium of $.03 per unit, with an exercise price of $1.64; the option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $1.

Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles, and the labels was $700. In addition, it took her 20 hours to make the ketchup and to do so she took time off from a job that paid her $20 per hour.

The main problems of setting up a snack shop at a school

18. What was a major factor in the failure of (mostly) command economies? A. Lack of voting rights B. Lack of the profit motive C. Not enough military spending D. Abundant basic goods

You are saving to buy a $188,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.3 percent.

Has the company you're auditing recently increased or decreased their operations due to mergers or sales of parts of the business?

Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. How much do these housing services contribute to GDP?

What happens to the percentage of tax as the income that is taxed?