Suppose the elasticity of demand for cereal is 1. if cereal increases in price by 25 percent, how much will the quantity demanded decrease by?12.5 percent

How much money will you have when you invest $1,000 at 12% interest rate for 48 years

A benefit of using a debit or credit card instead of cash is that it provides a paper record of a perchase. When might a proof ownership be needed? A. when applying for a credit card. B. When claiming a warranty. C. When using a cash card. D.

According to the principle of comparative advantage, worldwide output and consumption will be higher when nations specialize in the production of those goods and services a. they can provide at a lower opportunity costs. b.

When there is an improvement in technology, holding all else constant, A. the production possibilities frontier will shift inward B. society faces larger opportunity costs from shifting productive resources from one use to another C.

Citations are used primarily to

A property will provide $10,000 at the end of each year forever. if its value is $125,000, what must be the discount rate?

On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What is the appropriate journal entry to record the issuance of the note? A.

A person driving a car has the duty to exercise what standard of care?

Organizations face three kinds of specific buying situations. they are new buy, straight rebuy, and modified rebuy. collectively, these situations are called:

Widmer Company had gross wages of $310,000 during the week ended June 17. The amount of wages subject to social security tax was $310,000, while the amount of wages subject to federal and state unemployment taxes was $35,000.