Advances in technology have reduced the cost of manufacturing MP3 players if demand does not change

For a profit-maximizing monopoly that charges the same price to all consumers, what is the relationship between price P, marginal revenue MR and marginal cost MC?

How has climate stability in the past 1500 years been beneficial to humans?

Waterway Industries uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible.

Explain how dividends or dividend requirements on any class of preferred stock that may be outstanding affect the computation of eps. (b) one of the technical procedures applicable in eps computations is the "treasury-stock method.

Can these two countries gain from trading oil and fish oil? a. These countries can gain from trade because norway has an absolute advantage producing fish oil. b.

Explain what is meant by market research.

Jean, a restaurant critic, publishes a review in a national daily that the sandwiches served at his friend's deli are usually not fresh. Tom, the owner of the deli, notices a significant decrease in customers after the review gets published.

Why did the Soviet Union experience many surpluses and shortfalls? A) The labor force wasn't well educated B) The cold climate made farming hard C) Central planners could not manage every detail D) The country depended on imports to obtain resources.

A hospitality operation has sales revenue of $462,000 with variable cost averaging 44%. Fixed costs are $188,000. The owner wants a net income after tax of $50,400 based on a tax rate of 28%. a.

True or false fdr was eager to use deficit spending to end the economic crisis.