An advantage of capitalism is that

a. it allows the market to self-regulate and clear itself

b. it allows a person to follow his or her own self interest

c. it allows voluntary transactions, which create wealth

d. all of the above 11. the

The smallest amount of a drug to produce an effect is referred to as the

Team members can collaborate on ideas using telepresence. a. True b. False

On January 1st, Great Designs Company had a debit balance of $1,450 in the Office Supplies account. During the month, Great Designs purchased $115 and $160 of office supplies and journalized them to the Office Supplies asset account upon purchasing.

Tracy Company, a manufacturer of air conditioners, sold 100 units to Thomas Company on November 17, 2021. The units have a list price of $760 each, but Thomas was given a 25% trade discount. The terms of the sale were 2/10, n/30.

Personal selling goals include finding prospects, convincing prospects to buy, and a. monitoring new products being developed. b. avoiding repeat transactions. c. keeping customers satisfied. d. being aware of competitors' sales activities. e.

If Canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the US has an abundance of cleaning solutions but consumers are demanding more paper products, how would trade benefit both countries?

Recording Standards in Accounts The Assembly Department produced 5,000 units of product during March. Each unit required 2.20 standard direct labor hours.

Jennifer's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a market price of $41 a share. Neither firm has any debt. Sally's is acquiring Jennifer's for $58,000 in cash.

Why are protective tariffs considered negative? They cause imports increase. They cause imports to decrease. Countries usually raise tariffs in retaliation. Exports often decrease. They cause people to buy more goods produced by their home country.

A broker that does not represent the seller or the buyer but simply is paid a fee to bring the two together is called a