True or false 1. Satisfying customer wants at a reasonable price is important to business success.

Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid out $180,000 in cash dividends, and it has ending total equity of $4.85 million. The company currently has 150,000 shares of common stock outstanding.

The Chinese government purchased U. S. dollars in the foreign exchange market with Chinese currency. During the same period, the Chinese sharply raised the reserve requirement on banks because they wanted to prevent the money supply from expanding

Tomas increased his consumption of potato chips when the price of pistachios increased. for tomas, potato chips and pistachios are

Which one of the following is a primary market transaction? Group of answer choices Sale of currently outstanding stock by a dealer to an individual investor Sale of a new share of stock to an individual investor Gift of stock from one shareholder

What is the law of demand?

Which statement is false? A) Land is the primary factor of production used in the production of all goods and services. B) An entrepreneur combines all the factors of production. C) Growth in the economy shifts the PPC left.

A short-run phillips curve shows an inverse relationship between

Which of the following types of business usually has the fastest inventory turnover? furniture store hardware store store that sells consumer electronics grocery store

A Gantt chart is a horizontal bar chart that shows each work activity on a separate line with the bar placed from the early start date to the early finish date for each activity on a timescale. 1. True 2. False

You run a small auto service shop. Your fixed expenses per week are $1,000 and your average customer invoice is $500 with an associated marginal cost of $300. What is your weekly break-even quantity?