Costs and benefits must be put in common terms if they are to be compared.

a. True

b. False

Which of the following is true?

On a public ballot, a state legislature places a question relating to legalization of marijuana for medicinal use. In addition, the legislature passes a law that bans corporations from advertising in favor of or opposing the ballot question.

A closed economy a. does not engage in international trade of goods and services. b. does not engage in international borrowing or lending. c. both A and B d. engages in international borrowing and lending.

Explain using 3 examples how external factors influence business

The CEO of Lexington decides to impose a transfer price since the two divisions cannot agree. She chooses the highest feasible price. Her reasoning is that selling for a high price is better for Lexington's profit.

When a policyowner cash surrenders a Universal Life insurance policy in it's early years, this may be considered a red flag for

Critical analysis Q8 When actual output exceeds an economy's full-employment output, how will the self-correcting mechanism direct the economy to long-run equilibrium? Prices will increase causing production costs, which will reduce aggregate supply.

The marginal product of any input is thea. increase in total cost associated with a one-unit increase in production. b. change in total output associated with a $1.00 increase in total cost. c.

SnowBlowers, Inc. is targeting consumers in the northern regions of the United States and focusing on giving consumers practical and functional reasons to buy its snowblowers. What type of ad is SnowBlowers, Inc. using?

Having a video that skips or looks grainy is an example of O A. not enough media O B. too much media O C. bad media O D. irrelevant media