If you cut your prices by 10 percent and total revenues rise, the price elasticity of demand is

a.

zero.

b.

inelastic.

c.

less than 0.5 in absolute value.

d.

greater than 1 in absolute value.

Abigail is the owner of a tract of land, but Umberto owns the mineral and excavation rights to that land. Umberto commences excavation in order to access the valuable minerals. While digging, he causes the surface of the land to collapse.

On January 1, Year 1. a company issues $100.000 of 8% bonds maturing in 10 years when the market rate of interest is 9%. The bonds were issued at a discount. Market interest rates drop to 6% by December 31, Year 2.

Country A has an absolute advantage over Country B in the production of both soybeans and corn. Explain a scenario in which both countries would benefit if Country A specialized in soybeans and Country B specialized in corn.

Which one of the following is not one of the five basic steps in personal financial planning? a. evaluate your financial healthb. develop a plan of actionc. define your financial goalsd. implement your plane. let an accountant review your plan

In December 2020, Quebecor Printing received magazine subscriptions for 2021 from customers, who paid $570 in cash. What would be the appropriate journal entry for this event in December 2020?

Which type of degree requires 120 hours of coursework, some of which is general and some of which is based on your major?

The advantage of being self-employed (rather than being an employee) is: A. The overall limitation (50%) on meals does not apply. B. Job-related expenses are deductions for AGI. C. The self-employment tax is lower than the Social Security tax. D.

Which of the following is an objective of the nbo process? to create value from intellectual capital and to share knowledge to predict the number of customers who will accept an offer to select a choice among a set of available options to connect

An investor estimates that next year's sales for Dursley's Hotels Inc. should amount to about $100 million. The company has 5 million shares outstanding, generates a net profit margin of about 10 %, and has a payout ratio of 50 %.

Aside from an associates degree, What else can you earn a two year college?