What marginal cost in benefit might a retail business owner has to consider when trying to decide whether to stay open in additional

Students must choose to use their time after school either to work, to complete homework, or to relax. Which concept does this illustrate? altruism B scarcity C marginal return D comparable worth

How does a job-costing system differ from a process-costing system? A. A process-costing system allocates indirect costs to products; a job-costing system does not allocate indirect costs to products. B.

The price of a certain type of wine depends on its age, described by the function price (age), what can be said about this function? Check all that apply. A. Price is the independant variable. B. Price depends on age. C Age is the input variable. D.

Some experts believe that sending an email mes-sage is like sending a postcard. why?

1. Name a product/service that you purchase, and the demand is inelastic. Explain. 2. Name a product/service that you purchase, and the demand is elastic. Explain.

An audience is first asked to write the last 2 digits of their social security number, and, second, to submit mock bids on items such as wine and chocolate.

Which of the following statements is false? Multiple Choice Prepaid insurance is a deferred expense. Prepaid insurance represents a future economic benefit. Prepaid insurance is shown on the income statement.

Under which conditions is price elasticity of supply relatively elastic or relatively inelastic? 1. Firms are operating in the short run 2. Firms would have a hard time storing their goods 3. Firms have a large amount of excess capacity 4.

Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. What was his perchase price

Where does money come from