The difference between what a firm charges for a product and the variable costs of that product is known as:

A company has had stable sales and production for several years. Next year, sales are expected to increase by at least 50%.

What would most likely happen if the federal government decreased taxes for its citizens? A) Aggregate demand would increase, especially for wealthy individuals. B) Aggregate demand would decrease, especially for wealthy individuals.

If an organization's present suppliers are especially expensive, unreliable, or incapable of meeting the firm's needs for parts, components, assemblies, or raw materials, what strategy is best?

Innovative Products reported net income of $205,000. Beginning and ending inventory balances were $40,000 and $45,000, respectively. Accounts payable balances at the beginning and end of the year were $35,000 and $33,000, respectively.

What is the term for supply of product that cannot easily or quickly expand or reduce its production? A. profit B. Supply Schedule C. inelastic D. Elastic

Using monetary theory, one can show that the price level (index) in an economy is equal to: (a) the inflation rate minus the interest rate. (b) the average change in the level of trade over the past 5 quarters. (c) the velocity of money.

According to circus founder P. T. Barnum, what happens without publicity? Question 3 options: Business failure Decline in customers Increased productivity Nothing

Which of any essential product that will be affected by an increase in fuel which is very important even to the poorest of the poor

Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $.05 per unit. A pound option represents 31,250 units. Assume that at the time of the purchase, the spot rate of the pound is $1.

In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the month, the company purchased 10,750 pounds of the direct material at a cost of $76,630.