A landscaper purchases a lawnmower, a rake, a truckload of gravel, and a chainsaw. which of these four goods would most likely be considered as a commodity?

Feral trade, started by kate rich, is a social network-based import business. place in order the steps by which a hypothetical shipment of coffee makes its way from grower to consumer drinker in this business model

Fairway's april sales forecast projects that 7,400 units will sell at a price of $11.90 per unit. the desired ending inventory is 20% higher than the beginning inventory, which was 2,400 units.

1. When demand curve is elastic, a. price and total expenditure move in the same direction. b. price and total expenditure move in the opposite direction. c. price may be rising or falling but total expenditure is constant. d.

Would it be easier to form a cartel in a market with many producers or one with few producers?

Choose the correct statement. A. The CPI calculation assumes that everyone shops at discount stores and no one shops at convenience stores. B.

Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $.05 per unit. A pound option represents 31,250 units. Assume that at the time of the purchase, the spot rate of the pound is $1.

In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the month, the company purchased 10,750 pounds of the direct material at a cost of $76,630.

The business judgment rule has been replaced by good faith statutes in most states. True or False

Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with lake-source cooling at a cost of $50 x 106. However, the lake-source cooling would save 1.

For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;