Investment in human capital has opportunity costs, but investment in physical capital does not. a. TRUE b. FALSE

When customers purchase goods on account, Spitz Manufacturing offers them a 2% reduction in the amount owed if they pay within 10 days. This is an example of a: a. Sales discount. b. Sales allowance. c. Bad debt. d. Sales return.

According to Modigliani and Miller (MM), in a world with corporate income taxes, the optimal capital structure calls for approximately 100% debt financing. a. Trueb. False

What is the best property to buy in Monopoly?

If you decide to buy 100 shares of Google, you would probably do so by calling your broker and asking him or her to execute the trade for you. This would be defined as a secondary market transaction, not a primary market transaction. True / False.

Mary is considering hiring another worker in an assembly line for MP3 speakers. Mary knows the average product of labor is 15 speakers per day. She also believes that the next worker hired will produce an extra 12 speakers per day.

Describe how legal contracts provide incentives for people to exchange goods and services

List four wan technologies that are carried over the pstn.

Which of the events is likely to occur when the business cycle is in a period of recession (contraction) ? an increase in the standard of living an increase in unemployment an increase in GDP (gross domestic product) an increase in economic growth

What is the most common form of business organization in the united states?

What role do individuals play in a capitalist system?