The Latin term "ceteris paribus" means:

A. that if event A precedes event B, A has caused B.

B. that economics deals with facts, not values.

C. other things equal.

D. prosperity inevitably follows recession.

Which of the following statements is true of low customer contact businesses? a. Customer access is relatively important when compared to high customer contact businesses. b.

Who elects the governing body of a mutual insurance company?

Indigo Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $132,500 Allowance for Doubtful Accounts $3,970 Sales Revenue (all on credit) 838,100 Sales Returns and Allowances 50,780 Prepare the journal

Retailers play a role in making distribution simpler by reducing the number of transactions required by consumers to make a purchase and by making an assortment of goods available in one location. this is called

Suppose a firm doubles its output in the long run. At the same time the unit cost of production remains unchanged. We can conclude that the firm is A. not using the available technology efficiently. B. facing diseconomies of scale. C.

When you pay for a new cd with a debit card you authorize the transfer of money from your account by what?

Mikey initially invested $2,400 in a company and has held this investment for 3 years. He sold the investment after 3 years for $4,950. Assuming he is in the 39.6% tax bracket, what is his tax savings with capital gains rates?

The amount of cost cutting technical innovation introduced into a production process is a function of?

The following data are available for Cole Company. Increase in accounts payable $120,000 Increase in bonds payable 300,000 Sale of investments 150,000 Issuance of common stock 180,000 Payment of cash dividends 90,000 Net cash provided by financing

If you borrow capital to start a business and the money is provided interest-free, then your cost of capital is zero. a. True b. False