Which of the following factors contribute to economic growth? a decrease in the quantity of labor due to emigration a decline in the stock of physical capital a decrease in the productivity of labor the discovery of new oil reserves

The market tends to underproduce public goods because

Deshawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are complete.

When an economy's production possibilities curve shifts outward due to capital formation or a technological advancement, the long-run aggregate supply curve?

Suppose that at first the price of a jar of peanut butter is $15 and the price of a jar of jelly is $9. Then, the price of a jar of peanut butter changes to $30 and the price of a jar of jelly changes to $21.

Wesley, who is single, listed his personal residence with a real estate agent on

Willey Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles.

In a process cost system, the amount of work in process inventory is valued by a. allocating departmental costs between completed and partially completed units b. finding the sum of all completed jobs c.

Measures of central tendency and variability are calculated to describe the nature of charitable giving each year. These figures are computed for the "average" American citizen. Which of these is a possible value for the variance in dollars given? A.

How do you get a business at the age of 13

Use the following data to compute total factory overhead costs for the month: Sales commissions $ 12,200 Direct labor 41,000 Indirect materials 16,600 Factory manager salaries 8,600 Factory supplies 10,400 Indirect labor 7,700 Depreciation-office