What would prices do if a product was abundant?

a. drop

b. rise

c. stay the same

d. give a better value

Depreciation A company purchased a machine on January 1 of the current year for $800,000. Calculate the annual depreciation expense for each year of the machine's life (estimated at 5 years or 25,000 hours, with a salvage value of $80,000).

Which of the following does the aggregate expenditure macroeconomic model seek to explain? A. inflation B. the business cycle C. cyclical unemployment D. long-run economic growth

The internet crime complaint center (ic3) is a partnership between the

The consumer market basket of goods and services, in which the consumer price index (CPI) measures the change in weighted-average price over time, is created by the U. S. Bureau of Labor Statistics.

Carter Corporation has some money to invest, and its treasurer is choosing between City of Chicago municipal bonds and U. S. Treasury bonds. Both have the same maturity, and they are equally risky and liquid.

The primary method for sterilizing instruments is

Earnings per share is a corporation's after-tax earnings divided by the number of stockholders. a. True b. False

Greensaver Corp. is a company that sells electricity. Greensaver has taken the initiative to generate more power from solar and wind sources and is planting saplings in parks and on roadsides to combat the polluting effects of nonrenewable resources.

Suppose your starting salary is $70,000 per year. You deposit 10% each year in a savings account that earns 6% interest. Your salary increases by 5% per year, and inflation is 3% per year.

Demand for devil's food whipped-cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean of six per day. The manager estimates it costs $9 to prepare each cake. Fresh cakes sell for $12.