Question 1

Study of choices made by those faced with scarcity

Opportunity Cost

Capital

Economics

O

Trade Off

Question 2

In the current year, Apricot Corporation had taxable income of $120,000. Included in taxable income was a $10,000 capital gain. The $120,000 of taxable income does not include a $15,000 capital loss carryforward available from the previous year.

What do economies of scale, the exclusive ownership of essential raw materials used in the production process, and patents have in common?

Imagine a firm that manufactures textiles (pants and shirts). list the four categories of resources, and for each category, give an example of a specific resource that the firm might use to manufacture textiles

Chico is financing a car for $9,550 and an apr 8.9 percent for 3 years. what is his monthly payment if the monthly payment per $100 is $3.52?

Brick Co. has 170,000 shares of common stock outstanding at January 1, 2015. On May 1, 2015, it issued 30,000 additional shares of common stock. Outstanding all year were 12,000 shares of convertible cumulative preferred stock.

Which of the following is included in GDP? Group of answer choices revenue from the sale of a three-year old car the receipts from a sale of land the fees charged for a stock broker's services the value of lawn care service provided by a

Which of these is an example of rebranding? O A. A new motto O B. More employees O C. Higher pricing O D. More investments

You're planning a really big surprise trip for your 10-year anniversary. However, the internet is down and you know you need to buy the airline tickets during tomorrow's flash sale.

Answer the following statement true (T) or false (F) : Mark is a cash basis taxpayer. He is a partner in the M & M partnership, and his share of the partnership's profits for 2019 is $90,000.

A supermarket manager schedules the workers in the supermarket to ensure that enough cash register clerks are available at different times during the day to handle the expected demand from customers.