In the presence of shortages, why would a firm, such as a restaurant with people waiting for a table or a theater with people waiting for a ticket, not raise prices when doing so would seem to increase profits?

A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods

Cushman Company had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods sold of $380,000, and $275,000 in operating expenses. Gross profit equals?

Greentea Company earned a net income of $ 95,000 during the year ended December 31, 2018. On December 15, Greentea declared the annual cash dividend on its 6 % preferred stock (par value, $128,000 ) and a $1.

What is an example of an inexpensive loan a medium-priced loan and an expensive loan?

Was the tea act a direct or indirect tax

Which of the following are consistent with the efficient markets hypothesis? Check all that apply. You should spend several hours a day studying the business section of your local newspaper to determine which stocks to add to your investment

How are resources allocated in a traditional economy?

Which of these statements about the world economic system is true? everyone in core countries benefits from the world system. low-wage sweat shops are found in all countries. no one in peripheral countries benefit from the world system.

If households pay $1,000 in interest payments and receive $1,200 in interest, wages equal $8,000, rental receipts on land are $200, total business profits before taxes are $2,200, depreciation is$1,750, and indirect business taxes are $1,000, then

Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?