What is a capital factor of production?

1. The tangible goods created by labor

2. The raw materials used to produce goods

3. The plan companies make to sell goods

4. The work people do to produce goods

Compute cost of goods sold using the following information: Finished goods inventory, beginning $ 540 Cost of goods manufactured 4,400 Finished goods inventory, ending 950

Automatic stabilizers refer to: A) the money supply and interest rates that automatically increase or decrease along with the business cycle. B) government spending and taxes that automatically increase or decrease along with the business cycle.

A leading beverage company sells its signature soft drink brand in vending machines for $0.99 per 12 oz. can. A vending machine has monthly fixed costs of space rental, energy consumption, and capital depreciation of $135.

What type of technology would be needed to gather evidence of a jet stream?

Food Flight offers unique food options that are flown in fresh from key cities. Customers can order smoked salmon from Alaska, shrimp creole from Louisiana, and Texas ribs from Dallas. What problem is Food Flight most likely addressing?

Your firm is a U. K.-based exporter of bicycles. You have sold an order to a Swiss firm for SFr. 1,000,000 worth of bicycles. Payment from the Swiss firm (in Swiss francs) is due in 12 months.

Assume that the total value of the following items is $600 billion in a specific year for Upper Mongoose: net exports = $50 billion; value of new goods and services produced in the underground economy = $75 billion;

Managers rarely have to manage multicultural teams within one organization in one location. a. True b. False

Shares of RossCorp stock are selling for $45 per share. Brokerage commissions are 2% for purchases and 2% for sales. The interest rate on margin debt is 6.25% per year. The maintenance margin is 30

For each of the goods, identify the characteristics that describe each good. Note that each good will be described with two characteristics. Rivalrous is also referred to as rival in consumption.