Which best describes a reason that consumer demand can change?

a. loss of income

b. loss of supply

c. distribution problems

d. market problems

What would we call a demand curve that is plotted as a straight vertical line? 1. Relatively elastic 2. Perfectly inelastic 3. Perfectly ridiculous 4. Perfectly elastic5. Unit elastic

You have been tracking your home expenses in different categories. You want to see what percentage of the total each category represents. Which type of chart would be best for this purpose?

Which of the following assumptions means that money is the common denominator of economic activity and provides an appropriate basis for accounting measurement and analysis? a. periodicityb. monetary unitc. going concernd. economic entity

What step must be taken before investigators can determine if data tampering has occurred?

While examining cash receipts information, the accounting department determined the following information: opening cash balance $150, cash on hand $1,125.74, and cash sales per register tape $988.62.

Why is it important to use positive language in business messages

On November 1, 2021, Blossom Company purchased Splish, Inc., 10-year, 10%, bonds with a face value of $900000, for $820000. An additional $34000 was paid for the accrued interest. Interest is payable semiannually on January 1 and July 1.

Which of the following statements regarding rational ignorance are true? Check all that apply. a. Because candidates take stands on a wide range of issues, a rationally ignorant voter may choose not to fully assess the costs and benefits of voting

Jacob is creating a table to record his work schedule. When he typed in Wednesday, part of the word was not visible. Which of the following suggestions would be the quickest resolution to this problem? a.

Chang industries has 1,400 defective units of product that have already cost $13.40 each to produce. a salvage company will purchase the defective units as they are for $4.40 each.