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

Under what elasticity conditions would the following be true? "Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage."

How do you calculate the price of a coupon bond from the prices of zero-coupon bonds

How does a diverse economy such as the U. S satisfy the needs of its consumers

If you lived in a country where literacy was high and 90% of the children completed their education with a high percentage going on to a higher education, what would probably be the results for the country?

Do you think it's necessary to have a love of sports to work in the Sports Industry?

Before deciding to deposit money at the credit union, Heather checked the interest rates at her local bank as well. The bank was paying a nominal interest rate of 9.8% compounded quarterly.

Find the operating cash flow for the year for Harper Brothers Incorporated if they had sales revenue of $300,000,000, cost of goods sold of $140,000,000, sales and administrative costs of $40,000,000, depreciation expense of $65,000,000, and a tax

Using the information below, calculate gross profit for the period: Beginning Raw Materials Inventory$28,500 Ending Raw Materials Inventory 33,500 Beginning Work in Process Inventory 62,000 Ending Work in Process Inventory 71,000 Beginning Finished

If Glass Inc. produces 80 window panes per day at the market price of $60 in a perfectly competitive market, what would happen to price if Glass Inc. increases production to 120 window panes, all else equal?

Which of the following is considered a low-risk investment? stocks certificates of deposit mutual funds junk certificates