Specialization is important in an economy because it leads to which important economic concept?

allocation of resources

price ceilings

government regulation

voluntary exchange

Browning's has a debt-equity ratio of. 47. what is the equity multiplier?

Total Tax Rate (% profit) is defined as ... the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits. What is the U. S. s Total Tax Rate (% profit) ?

Barron Company accepts a credit card as payment for $1,200 of services provided to a customer. The credit card company charges a 5% handling fee for its collection services.

Cranford Company completed and transferred out 2,700 units in May 2016. There were 300 units in the Work-in-Process Inventory on May 31, 2016, 30% complete as to conversion costs and 100% complete as to materials.

A. What is a benefit of international trade to households? O Increased profits for households due to the diversity of resources O Increased wages due to foreign competition of labor O Increased wealth due to lower prices and greater product

On November 1, 2021, Blossom Company purchased Splish, Inc., 10-year, 10%, bonds with a face value of $900000, for $820000. An additional $34000 was paid for the accrued interest. Interest is payable semiannually on January 1 and July 1.

Which of the following statements regarding rational ignorance are true? Check all that apply. a. Because candidates take stands on a wide range of issues, a rationally ignorant voter may choose not to fully assess the costs and benefits of voting

Jacob is creating a table to record his work schedule. When he typed in Wednesday, part of the word was not visible. Which of the following suggestions would be the quickest resolution to this problem? a.

Chang industries has 1,400 defective units of product that have already cost $13.40 each to produce. a salvage company will purchase the defective units as they are for $4.40 each.

Economic agents who generate externality are distinct from those who experience them. Example: one fisher catches juvenile fish that do not mature and are otherwise caught by another fisher in another location. O True O False