Which of the following businesses has elastic supply?

a. newspaper publishing

b. hair cutting

c. electricity production

d. apple farming

True or False? The United States does not have publicly financed health insurance specifically for the unemployed.

If an investor purchases a 3%, 5-year TIPS at its par value of $1,000 and the CPI increase 3% over each of the next 5 years, what will be the real value of the principal at maturity

In a market economy the factors of production are allocated by

What are the first three lines of the trial balance

Economist Michael Kremer offered a unique solution to the problem of deadweight loss created by monopolies that have control of an innovation. What solution did he propose that would leave the drive to innovate uncompromised?

Which of the following correctly describes the relationship between supply and demand A) when supply increase, demand also increases B) when supply increase, demand also decreases C) when supply decreases, demand also decreases D) supply is always

Plantronics managers believe that most people around the world can wear the same type of headset. The goal is to manufacture all of the headsets in one location so that true economies of scale can be achieved in production costs.

Baltimore Manufacturing Company just completed its year ended December 31, 2018. Depreciation for the year amounted to $160,000: 25% relates to sales, 20% relates to administrative facilities, and the remainder relates to the factory.

In which case can we be sure real gdp rises in the short run? a. government purchases increase and taxes rise. b. government purchases increase and taxes fall. c. government purchases decrease and taxes rise. d.

Mohr company purchases a machine at the beginning of the year at a cost of $23,000. the machine is depreciated using the double-declining-balance method. the machine's useful life is estimated to be 5 years with a $8,000 salvage value.