Instead of attending class, one could have worked an extra hour at the café for $10 or watched a neighbor's child for $15. The opportunity cost of attending class is: $15. $25. $5. $10.

The amount of money owed by the federal government to its creditors is called

Gabriel opened up a small business that prints custom T-shirts, mugs, and trophies. He trains his 15 employees carefully, and after two years, no employee has experienced an on-the-job injury or illness.

Two ways in which an insurance company can contribute to the economic development of a country.

Scenario: Roberto Baldwin As the owner and manager of Fantastic Toys, Roberto Baldwin is fascinated by all the changes occurring and transforming the workplace.

In the United States, the cost of the correctional system is over $34 billion dollars each year. A. True B. False

A fire causes $25,000 in damage to company's tools and equipment. If the company has a commercial property insurance policy with $5,000 deductible, how much will the company have to pay to repair the damage?

Exists when the entire supply of a good is controlled by a single seller

On January 1, Mumford purchased 10% of Heller's common stock. On September 1, it purchased another 30% of Heller's common stock. During November, Heller declared and paid a cash dividend on its common stock.

Explain 10 reasons why a joint stock company is preferable to a one man's business

If fixed costs do not change, then marginal cost A. equals the change in average variable cost divided by the change in output. B. equals the change in variable cost divided by the change in output. C.