Now suppose that the supply of new homes put on the market dropped, but price still stayed the same at $200,000. this could only have occurred if:

Mary names her husband, Rick, as primary beneficiary of her life insurance policy and her two children, Pam and Matt, as contingent beneficiaries. Rick dies in March. Pam and Matt are killed simultaneously in a car accident later that month.

Conversion and direct materials are generally both added at the end of the production process. true or false

What do you think happens when the supply of gold increases dramatically during good economic times

A company found that new employees prefer training sessions of moderate length; shorter training sessions provided too little instruction to complete a task, while longer training sessions contain too much instruction to remember.

What is the difference between a budget and a standard? a) A budget is the cost of an item at a static activity level, while a standard is based on a flexible activity level.

The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market because it guarantees that all mutually beneficial transactions will happen. C.

Study the financial information for reel mower units that James Colburn prepared for Rick Martino. Prepare a pro-forma income statement (labeled Table 1) assuming no changes in accounting policy for 2008 and assuming that the company sells 10,000

Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following dа ta: The yield on the company's outstanding bonds is 7.75%, its tax rate is 40%, the next expected dividend is $0.

Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 11.00%.

Oftentimes, the socially optimal quantity for a product that imposes external costs on the society is not zero, but something greater than zero. This is because completely eliminating the externality would involve:A.