Jonathan wants to start a business that relies entirely on the buyer's demand. In which economic system is best suited for his business to thrive

A.

command driven

B.

market driven

C.

mixed economy

D.

traditional economy

7. A borrower obtains a $100,000 mortgage loan for 30 years at a 7.5% interest rate. If the monthly payments of $902.

The questions of economics address which of the following? Chec who what where when why how

If the government levies a $1,000 tax per boat on sellers of boats, then the price paid by buyers of boats would Question 22 options: a) increase by more than $1,000. b) increase by exactly $1,000. c) decrease by an indeterminate amount.

How do Jennifer's educator expenses affect her tax return? a. Jennifer can claim these expenses as a miscellaneous itemized deduction on her Schedule A. b. These expenses do not affect her tax return. c.

In which one of the following instances is rivalry among competing sellers notmore intense? A. When certain competitors are dissatisfied with their market position and make moves to bolster their standing B.

Which ethical norm is consistent with a person who chooses a LLC over a sole proprietorship?

What is a capital factor of production? 1. The tangible goods created by labor 2. The raw materials used to produce goods 3. The plan companies make to sell goods 4. The work people do to produce goods

On June 5, Jo's Market sold $1,000 of goods on credit with terms of 2/10, n/30. The required journal entry to record Jo's Market customer's payment on July 6 would be:

LO 5.3The initial processing department had a beginning inventory of 750 units and an ending inventory of 1,350 units, and it started 9,500 units into production. How many were transferred out to the next department? 750 1,350 8,900 10,250

A company has the following liabilities at year end: Mortgage note payable; $16,000 due within 12 months $355,000 Short-term debt that the company is refinancing with long-term debt 175,000 Deferred tax liability arising from depreciation 25,000