A decrease in supply will cause the smallest increase in price when both supply and demand are elastic. demand is elastic and supply is inelastic. both supply and demand are inelastic. demand is inelastic and supply is elastic.

Diane initially deposited $10,000 into a money market account and made no additional deposits or withdrawals. When she closed the account in exactly one year, its value had grown to $10,800.

What are the applicant's chief weaknesses or areas of growth?

Fun! Inc. had total sales of $ 480,000 in 2014. The total cost of goods sold was $ 400,000 and the administrative and sales costs were $ 100,000. what is the net income of the company in 2014?

Marker Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2019. The truck was purchased at a cost of $24,000 and accumulated depreciation at the time of the exchange is $17,000.

Which groups received loans from herbert hoover's reconstruction finance corporation (rfc) ?

In class, we considered the case of a restaurant owner who needed to have the windows cleaned. one approach discussed was for the owner to offer the window cleaner "gift certificates" to the restaurant which are equal to the amount the cleaner would

When using an ABC cost allocation system, all of the following steps are performed at the beginning of a company's year except : A. Allocate the costs from each activity using the cost allocation rate. B.

Bubba is a shrimp fisherman who used $2,000 from his personal savings account to buy a boat and equipment for his shrimp business. The savings account paid 2% interest.

Analyzing and Interpreting Equity Method Investments Concord Company purchases an investment in Bloomingdale Company at a purchase price of $2 million cash, representing 30% of the book value of Bloomingdale.

Which of the following would a macroeconomist consider as investment? A. Marisa purchases a bond issued by Proctor and Gamble Corp. B. Charlie builds a new coffee shop. C. Karlee purchases stock issued by Texas Instruments, Inc. D.