Explain why an economist would say, "There is no such thing as a free lunch."

Metropolitan Power and Light is a monopoly in the electrical generation and distribution industry. Since it does not face any competition in its industry, it has become quite lax in research and development and has not made any improvements to its

How much should i weigh at 5'4 and 13 years old?

A bank has three assets. It has $75 million invested in consumer loans with a three-year duration, $39 million invested in T-bonds with a 16-year duration, and $18 million in six-month maturity T-bills.

Gayle's divorce was final last year. during the first year after the divorce, gayle spent every evening after work in a singles bar. she had several casual affairs. gayle can be characterized as a (n) :

If some of a person's wealth is in cash, it follows that Select one: a. this person's monetary wealth will change as the price level changes. b. this person's monetary wealth will not change as the price level changes. c.

The sales department of a consumer products organization realized that its rivals were adopting new customer relationship management software to keep better track of their prospects.

A company has the following per unit original costs and replacement costs for its inventory: Part A: 5 units with a cost of $5, and replacement cost of $4.00 Part B: 10 units with a cost of $6, and replacement cost of $7.

Troy, who is 18, offers to sell Jenna, who is also 18, his car for $5,000. Jenna accepts Troy's offer, but only agrees to pay $4,500 for the car. Which of the following contract elements has not been met? a. Legality. b. Contractual Capacity. c.

Overhead allocation based solely on a measure of volume such as direct labor-hours: A. is a key aspect of the activity-based costing model. B. will systematically overcost high-volume products and undercost low-volume products. C.

Toby operates a small deli downtown. the deli industry is monopolistically competitive. toby says he is producing the quantity that minimizes his average total cost. assuming that toby is maximizing profits, his