Which statement describes the term economics?

The group of people within a business who are involved in making business buying decisions is referred to as Group of answer choices A) the new-task team. B) negotiators. C) purchasing agents. D) deciders. E) the buying center.

Based on the current economic situation of our country, do you feel that your personal finances can be affected?

The average ticket price for a concert at the opera house was $50. The average attendance was 2500. When the ticket price was raised to $54 , attendance declined to an average of 2100 persons per performance.

A certificate of deposit allows deposits and withdrawals at any time without a financial penalty.

Suppose the top five firms in a market have market shares of 23%,12%,8%, 7% and 5% respectively. The remaining 45 firms in the market each have a market share of 1%.

When interest rates rise, how might businesses and consumers change their economic behavior?

Which of the following statements is true according to the two-factor theory? A. Recognition is a hygiene factor. B. The hygiene factors tend to be intrinsic factors. C. Adequate hygiene factors ensure that people are not dissatisfied. D.

What is the present value of a $100 perpetuity if the interest rate is 10%? Round your answer to the nearest cent.

When a business wants to change an accounting method for tax reporting, such as the cost-flow method used for inventory, what body must give permission for the change?

A. Grooming USA charges $25 for every pet that is groomed. Let x represent the number of pets groomed in a month. Define a revenue function for the business.