In which market type are firms considered "price takers" because they take the price in the market and have no control over setting a price?

Which of the following scenarios could lower a firm's demand for labor? a. Rex invests in new computer software that will automate his bookkeeping. b. Calvin's bookstore is located near a college campus.

Indifference curves are A. concave to the origin. B. either convex or concave to the origin. C. convex to the origin. D. no specific shape.

An unfavorable flexible budget variance for variable expenses would indicate that: Group of answer choices the expenses of the company were less than what they had planned.

National Distributors has $1,000 face value bonds outstanding with a market price of $1,013. The bonds pay interest semiannually, mature in 11 years, and have a yield to maturity of 6.87 percent. What is the current yield? a. 6.95 percentb. 7.

John and Jen are married and decide to open three deprecate accounts for their money what is the most likely reason for this

The following are budgeted dа ta: January February March Sales in units 15,200 20,400 18,200 Production in units 18,200 19,200 17,100 One pound of material is required for each finished unit.

All of the following are associated with reporting controllable costs except:a. At lower levels, management have fewer controllable costs. b. Lower-level managers are responsible for detailed costs and so receive detailed reports. c.

Jake can complete an oil change in 45 minutes and he can write a poem in 90 minutes. Ming-la can complete an oil change in 30 minutes and she can write a poem in 90 minutes.

Samantha, a one-third partner, has an adjusted basis of $90,000 for her partnership interest. If Samantha sells her entire partnership interest to Emma for $100,000 cash, what is the amount and character of Samantha's gain or loss from the sale? a.

In a process cost system, the amount of work in process inventory is valued by a. allocating departmental costs between completed and partially completed units b. finding the sum of all completed jobs c.