Diseconomies of scale imply that the average total cost curve is downward-sloping in the long run.

a. True

b. False

Which of the following is a difference between private-sector organizations and nonprofit organizations? a. Private-sector organizations often adopt undifferentiated strategies, while nonprofit organizations adopt differentiated strategies. b.

If the government starts a new program where it buys every family that lives in Florida a new air conditioner, one may argue this could lead to

Bob owns twenty acres of land on the side of a mountain in Colorado. He files a suit against the Durango Flight School, claiming that its planes flying over his land violate his property rights. To succeed, his best argument is

In a market economy, supply and demand are important because they a. play a critical role in the allocation of the economy's scarce resources. b. determine how much of each good gets produced. c.

Which of the following is not an information characteristic that the GASB identifies as important in government financial reports? a-Comparability. b-Timeliness. c-Reliability. d-Conciseness.

IFRS accounting for impairments differs from GAAP in which of the following ways? (a) IFRS uses only a recoverability test in testing for impairment. (b) IFRS prohibits write-ups for recoveries of impairments for assets held for sale.

Which of the following items regarding references is NOT a red flag for hiring managers?

Revenue at a major smartphone manufacturer was $1.9 billion for the nine months ending March 2, up 89 percent over revenues for the same period last year.

Choose a company you know of that you think is good at innovation, describe at least one innovative thing that company has done.

for a new bottling machine it is developing. Future research and development expenses could range from $4 to $9 million, with a most likely value around $7 million. The life of the product will be anywhere from 3 to 10 years.