Adverse selection occurs in the market for used cars because

A department has budgeted monthly manufacturing overhead cost of $540,000 plus $3 per direct labor hour.

Ramos Inc. has total assets of $1,000 and total liabilities of $450 on December 31, 20Y6. Assume that assets increased by $130 and liabilities decreased by $25 during 20Y7. What would owner's equity be as of December 31, 20Y7?

Old Economy Traders opened an account to buy 1,000 shares of Internet Dreams at $40 per share. The initial margin requirement was 50%, and interest on margin loan is 8%.

The pledging of property as security for payment of a loan without surrendering possession is

Which of the following statements is correct? The level of real GDP is a good gauge of economic prosperity, and the growth of real GDP is a good gauge of economic progress.

Gaston owns equipment that cost $17,000 with accumulated depreciation of $3,400. Gaston sells the equipment for $12,200.

If the supply of loanable funds exceeds the demand then borrowers will bid up the interst rate. True / False.

The scientific method begins with A. the development of a formal hypothesis. B. the gathering of information. C. the identification of a problem for investigation. D. methodical observation of a phenomenon of interest.

Charles loves watching downton abbey on his local public tv station, but he never sends any money to support the station during its fundraising drives. economists would call charles afree rider.

Georgina is the owner of a company called piquant (which means having a pleasantly sharp taste or appetizing flavor).