Which characteristic of competitive markets is mainly responsible for ensuring that prices will be kept low?

a. similar goods

b. many sellers

c. easy entry into and exit from the market

d. many buyers

e. differentiated goods?

The group that benefits from student tracking according to abilities is composed of:

Select the suitable concept to match the appropriate definition. 1. Sacrifice of resources. 2. Cost that cannot be directly related to a cost object. 3. Cost that varies with the volume of activity. 4.

Product J19 is produced for $11 per gallon. Product J19 can be sold without additional processing for $18 per gallon, or processed further into Product R33 at an additional cost of $7 per gallon. Product R33 can be sold for $24 per gallon.

Marquis Company uses a weighted-average perpetual inventory system. August 2, 22 units were purchased at $3 per unit. August 18, 27 units were purchased at $5 per unit. August 29, 24 units were sold.

A company provides services to customers on account for $2,300. Indicate the amount of increases and decreases in the accounting equation.

Compared to consumers, producers will lose the lesser amount of surplus from a tax if:

Dickerson Co. is evaluating a project requiring a capital expenditure of $810,000. The project has an estimated life of 4 years and no salvage value.

Determine if the proportion is true. if it is not true, correct the error. v/x=x/v+w a. true b. false, it should be c. false, it should be d. false, it should be

The recommended retail price of a brand of designer jeans is $150. A retail analyst sampled 16 retail stores and found the average price was $141 with a standard deviation of $4.

The top of a ladder must extend how many feet above the surface a working is climbing onto?