In economics, a free market is best described as

A. a street where festivals take place.

B. avoluntary exchange of goods and services.

C. a place where a person buys groceries for free.

D. a government-controlled barter system.

At a garment manufacturer, all cutting machines are grouped together in one area, whereas sewing machines are grouped together in another area, and pressing machines are arranged in still another area. what type of layout does this suggest?

If you purchase at& t stock at $100 a share in august, and each month at& t stock falls consistently, what would best describe the stock market during that time?

The following data relate to the accounts of Edmiston Company. a. Unpaid salaries and wages at year end amount to $750. b. Edmiston Company owns bonds of another corporation that pay annual interest of $800.

If price rises, what happens to supply for a product? a) It does not change. b) The uncertain-economic theory has no answer to this question. c) It increases. d) It decreases.

Difference between compulsory and non-compulsory insurance

You have two investments. The value of Investment A at the end of April was $500, at the end of May was $600, and at the end of June was $400.

2017 Sold $1,351,700 of merchandise (that had cost $981,800) on credit, terms n/30. Wrote off $21,500 of uncollectible accounts receivable. Received $670,400 cash in payment of accounts receivable.

Which of the following types of value chain processes directly creates and delivers goods and services to customers? General management processes Postproduction processes Support processes Core processes

Comanic Corp. has common stock of $5,400,000, retained earnings of $2,000,000, unrealized gains on trading securities of $100,000 and unrealized losses on available-for-sale securities of $200,000.

Pirate Corporation acquired 85 percent of Ship Company's voting shares of stock in 20X7. During 20X8, Pirate purchased 50,000 circuit boards for $15 each and sold 28,000 of them to Ship for $20 each.