What is the basic economic problem that makes choices necessary?

In comparing the Cournot equilibrium with the competitive equilibrium, a. both profit and output level are higher in Cournot. b. both profit and output level are higher in the competitive equilibrium. c.

Tamarisk Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below.

All of the following are disadvantages of outsourcing a product except: A. outsourcing allows the company to focus on its primary function. B. concerns about being unable to meet commitments to customers if a subcontractor experiences delays. C.

During the Marketing Department Era companies increasingly relied on a variety of marketing activities to find ways to expand markets and sell more products. a) trueb) false

An investment adviser has 1 main office and 3 branch offices, all located in different States. Which statement is TRUE about recordkeeping requirement for the adviser under the Uniform Securities Act?

Use the following information to determine this company's cash flows from financing activities. Net income was $467,000. Issued common stock for $74,000 cash. Paid cash dividend of $13,000.

Smileline Inc. has an onsite daycare facility and provides employees fultime daycare at a very low cost.

The managers of Dakota Clothing regularly compare their actual profits with the firm's projected profits. When deviations occur, the managers use the feedback to take corrective action when necessary.

Explain the following statement:" What goes up, must come down"

The previous year's 4th quarter ending inventory of 700 units meets the minimum requirement. The expected production in the current 2nd Quarter is: Production Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Expected Sales 7,000 5,000 8,000