The law of increasing opportunity costs is reflected in a production possibilities curve that is: A. an upsloping straight line. B. a downsloping straight line. C. concave to the origin. D. convex to the origin.

Which of the following organizations is a discrete manufacturer? a. A pharmaceutical company in Arizona that manufactures skin creams b. A detergent and soap manufacturing company in Mexico City c.

George has considered selling franchises of his very successful hardware store. However, he is concerned that the franchisees will destroy the reputation of the company and end up hurting his business. What advice would you give George

A union representative observed that if the union members' wages were increased by some proportion, the workers would eventually suffer a greater than proportional decline in employment. This statement could best be explained if:A.

An agreement between Nextflix and Flixbuster to each supply 250 subscriptions is an example of: a. price discrimination. b. Bertrand competition. c. price leadership. d. collusion. e. increasing marginal costs

Bob sells farm equipment in Iowa and has for twenty years. The last two months he has seen the quantity demanded for high-end tractors decrease by 35% compared to the same time last year.

A larger budget deficit a. raises the interest rate and investment. b. reduces the interest rate and investment. c. raises the interest rate and reduces investment. d. reduces the interest rate and raises investment.

What is the customary APR on purchases after the initial 12 months?

What is partnership business?

Write a fictional scenario (can be based on something you have witnessed in real life) describing an ethical challenge you might encounter in a loan transaction.

Equipment was purchased for $152000. Freight charges amounted to $5000 and there was a cost of $14000 for building a foundation and installing the equipment.