Sally runs a hair styling salon. sally is a profit-maximizing owner whose firm operates in a competitive market. the marginal cost of a haircut is $15. what is the maximum wage that sally will pay her stylists?

Mike Derr and Mark Finger form a partnership by combining assets of their separate businesses. The following balance sheet is from Derr's sole proprietorship. The market value of Derr's equipment is $5,000 and the market value of land is $8,000.

Which term is used to describe the amount of biologically productive land/sea area necessary to support the lifestyle of an individual?

If participants know what is being studied it will change the outcome

What is the relationship between the present value of an ordinary annuity and the present value of an annuity-due with the same number of payments and the same interest rate?

Several factors can contribute to long-term organizational success. one is the establishment of a core ideology that collins and porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48).

Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deducted in the current periodB. Tax depreciation for the period exceeds book depreciationC.

1. Expansion will always come with additional expenses True or False 2. Whether the business owner likes the type of business he or she is in is not important True or False 3. Many Franchises require franchisees to pay royalties True or False 4.

In all careers, there are both hard skills and (blank) skills that are important for success.

What is the definition of derived demand? a. consumer demand for a product, stimulated by lack of availability of another product b. demand, due to advertising, for goods and services that are luxuries rather than basic necessities c.

In a competitive market, no single producer can influence the market price because many other sellers are offering a product that is essentially identical. consumers have more influence over the market price than producers do.