Market failure occurs when a company goes bankrupt.

a. True

b. False

In TJX's case, the security breach made its customers vulnerable to this. a) Loss of personal propertyb) Inaccurate personal datac) Identity theftd) Loss of access to personal datae) Credit card fees

Vonda and aleiyah are shopping together at the mall for new jeans. vonda is willing to pay $90 and aleiyah is willing to pay $50 for a pair of jeans. if the price of jeans is $59, how much total consumer surplus is achieved in this market?

To the extent that other firms may have competitive advantages in business activities that a firm is considering to enter through vertical integration, vertically integrating into these activities could put the firm at a

Baldwin's product Bold has material costs that are rising from $6.82 to $7.82. Assume that period costs and other labor costs remain unchanged.

Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person.

The automobile industry in a developing country has very few sellers. If one automobile company raises the prices of its trucks by a certain amount, other automobile companies in the industry follow by raising prices by a similar amount.

Cleo writes a check for $100 drawn on debit & credit bank and presents it to elegant jewelers for payment. if the check is not backed by sufficient funds and intent to defraud can be proved, cleo may be prosecuted for

Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. reduce government costs by relocating government programs to private groups or corporations. c.

Gonzalez Company acquired $200,000 of Walker Co., 6% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $70,000 of the bonds for 97.

A debt does not have to be past due before a creditor can begin legal action against a debtor. true or false.