Consumers sell goods or services for a profit.

O True

o flase

The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity allowed for the actual output, multiplied by the fixed part of the predetermined overhead rate. a. True b. False

A long-term source of finance which requires the borrower to provide property and land as collateral (security guarantee) to the lender in case the borrower defaults on the loan. a. Mortgage b. Consumer Share c. Loan d. None of the above

Teresa has just opened a NOW account that pays 3.50 % interest. If she maintains the account at the required minimum balance of $500 for the next 12 months, how much interest will she earn?

Andy views beer and pizza as complements to one another. If the price of pizza decreases, economists would expect:Andy's demand for pizza to increase. Andy's demand for pizza to decrease. Andy's quantity of pizza demanded to decrease.

What are the advantages of a mixed economy

If you are in sydney, australia, and plan to attend a web conference being held at 10:00am us pacific daylight time (pdt) on 29 may 2012, at what local time do you need to log in?

Lake Charles Seafood makes 550 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant managers have decided to operate three 8-hour shifts per day instead.

In 2017, in a speech in China, Apple CEO Tim Cook stated that globalization is "great for the world ... I think the reality is you can see that countries in the world ... that isolate themselves, it's not good for their people.

A demand curve that is horizontal indicates that the commodity

An individual who make and sell goods and services are?