You bring your lunch to your part-time job instead of spending $8 on lunch. You

put the $8 in your savings account. This is an example of opportunity cost.

Low interest rates on loans encourage people to{ }. A. Spend more B. save less c. Spend less D. Save more

Which describes the difference between simple and compound interest?

Renwood, Inc. contracted for services to be provided over a period of time in return for 2,000 shares of Renwood's $5 par common stock when the service is completed. At the time, Renwood stock was selling for $10 per share.

Good designs offer users as many alternatives as possible a. True b. False

According to the principle of comparative advantage, worldwide output and consumption will be higher when nations specialize in the production of those goods and services a. they can provide at a lower opportunity costs. b.

2. Matthew bakes apple pies that he sells at the local farmer's market. If the price of apples increases, the a. supply curve for Matthew's pies will increase. b. supply curve for Matthew's pies will decrease. c.

Suppose Compco Systems pays no dividends but spent $ 5.18 billion on share repurchases last year. If Compco's equity cost of capital is 11.5 % , and if the amount spent on repurchases is expected to grow by 7.

Commercial paper is very popular with many firms because Multiple Choice it can usually be issued below the prime rate. there are no required lines of credit at the bank. it satisfies the firm's need for long-term funds.

Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.?

The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 6,100 direct labor-hours will be required in May. The variable overhead rate is $8.50 per direct labor-hour.