If a firm increases its output quantity when marginal revenue is less than marginal cost then its profits will:

IncreaseA

DecreaseB

Be positiveC

Be negativeD

Unlike a cost competitive advantage, a sustainable competitive advantage: a. is not attractive because of its durability. b. cannot be copied by the competition. c. lowers costs by removing frills. d. does not offer any low-priced products.

Canadian Dollar Feb 80 Calls on the PHLX are quoted at 1.25. Canadian Dollars are trading at 80.25. The contract size is 10,000 dollars (Canadian). What is the total premium for 10 contracts? a. $1.25 b. $12.50 c. $125.00 d. $1,125.00

On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. How would Flores record the sale on November 10? A.) Accounts receivable 7,840Sales 7,840B.) Accounts receivable 8,000Sales 8,000C.

Assuming the market interest rate on the issue date is 9%, the bonds will issue at $340,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021.

What refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness, including comparison-shopping sites such as Froogle and bank account aggregation services such as Citibank? A.

Dani's denim sells blue jeans. in 2017, dani's specialized in selling moderately priced jeans with a 25% markup.

If the Fed purchases $50,000 in T-bills from a bank, by how much will the bank's excess reserves increase: a) by $50,000. b) by $50,000 times the required reserve ratio. c) by $50,000 divided by the required reserve ratio.

When the government increases taxes, rates of tax evasion increase?

The chart of accounts is a a. group of accounts for a business. b. list of the accounts in the ledger. c. list of all the accounts with their balances. d. list of all income and expense accounts.

Michael Glock was the policyowner-insured of a $50,000 participating whole life insurance policy with a $50,000 accidental death benefit (ADB) rider. Mr. Glock's $750 annual premium was due on March 13, 2015. On March 24, Mr.