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Augustus Proctor
As the prices in markets change, buyers and sellers respond in different ways according to how much time they have to react. Match the time period to its correct description.
(1) short run
(2) immediate run
(3) long run
(A) Demand is somewhat elastic. Buyers have some time to adjust to a change in the market.
(B) Buyers have no time to adjust to a change in the market. Demand is inelastic.
(C) Buyers have a significant amount of time to adjust to a change in the market. Demand is elastic.
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Business
Serena Ochoa
A closer look: differences among the nutrition standards and guidelines and when
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Konnor Rosario
Pronghorn Appliances provides a 3-year warranty with one of its products which was first sold in 2017. Pronghorn sold $1,840,000 of products subject to the warranty. Pronghorn expects $202,000 of warranty costs over the next 3 years. In 2017, Pronghorn spent $106,000 servicing warranty claims. Prepare Pronghorn's journal entries to record the sales (ignore cost of goods sold) and the December 31 adjusting entry, assuming the expenditures are inventory costs; Pronghorn now expects future warranty costs of $115,000
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Business
Kole Escobar
Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a business. Lily wants to be able to avoid being held personally liable for any problems the business has. Which of the following would lead Lily to choose a sole proprietorship organization for her business?
A. Little Capital
B. Avoidance of personal liability
C. Possession of a partner
D. None of the above
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Business
Madisyn Short
Rewrite the following equation in standard form y=8x+2
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Business
Bradley Daugherty
If the nominal exchange rate between the US dollar and the Canadian dollar is C $ 0.89 to the US dollar, how many dollars is required to buy a $ 2.5 CAD product? Describe and explain the tools used by the central bank to reduce money supply.
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Judith Cabrera
The types of problems the mne confronts when determining the need for training of its local workforces include determining who should deliver the training. establishing if there are cultural differences in preferred training delivery. determining whether training programs should be exported from headquarters. all of the above.
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Sweet Tea
The shares of preferred stock issued by Saturn Corporation can be exchanged for common stock. However, any dividends in arrears are lost. Which of the following features are present in the preferred stock issued by Saturn? a. Convertibleb. Redeemablec. Cumulatived. Noncumulative
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Rodrigo Mahoney
The difference between the historic price a firm paid and its going price among current buyers and sellers is the difference between its
market value and intrinsic value.
book value and depreciation.
book value and market value.
market value and depreciation.
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Business
Yasmin Kelly
True or false,. an offer never has to be communicated.
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Carpenter
Which of the following costs would a computer manufacturer include in manufacturing overhead? a. The cost of the disk drives. b. The wages earned by computer assemblers. c. The cost of the memory chips. d. Depreciation on testing equipment.
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Business
Carina Madden
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $20 billion in year 2, a budget deficit of $20 billion in year 3, a budget surplus of $10 billion in year 4, and a budget deficit of $2 billion in year 5.
1. What is the absolute size of its public debt in year 5? $Billion?2. If its real GDP in year 5 is $104 billion, what is this country
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Business
Leticia Key
In March of 2019, Thomas makes a $5,000 cash contribution to a public university. In that month, he also donates $20,000 to an organization subject to the 30 percent limitation. Thomas has adjusted gross income for 2019 of $30,000. What is the amount of Thomas's 2019 charitable contribution deduction?
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Tamia
Why is there little incentive for legislators to fight for an overall reduction in government spending?
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Johnathon Whitehead
The product of 7, and a number increased by 3, is â 98. what is the number?
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