3. If you consume $1 for every $2 you earn in income, your average propensity to consume

(APC) is

A. 30%

B. 20%

C. 50%

D. 100%

Movers Company manufactures sneakers. The production of their new sneaker for the coming three months is budgeted as follows: August 30,000 September 50,000 October 35,000 Each sneaker requires 2 hours of direct labor time.

Your organization has set up three levels of classification for data accessed by users on a small network: Low security: Data in the C:/Public folder Medium security: Data in a shared folder that some, but not all, user groups can access High

Techniques for controlling the cost of labor in services include accurate scheduling of labor hours to assure quick response to customer demand, on-call labor for unexpected demand, flexibility of labor skills for reallocation of available labor,

Which of the following is true regarding significant deficiencies and material weaknesses in control for a nonissuer? Auditors should search for them. They should be disclosed in notes to the financial statements.

William Welsh, a former Air Force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views of the Rocky Mountains.

You visit the local convenience store looking for a refreshing drink on a pleasant day. you know that you want a new type of cola beverage you've heard advertised on the radio, and reach into the refrigerator for what you think is the caffeine-free

Which of the following is an example of arbitrage? A. A firm buys $250,000 of palladium today, with an option to sell it at $275,000 in one year if interest rates rise above 10%. B.

California Fishing Company (CFC) is expected to pay a dividend next year of $50 per share. Future Dividends for CFC are expected to grow at a rate of 5% per year indefinitely.

The unit of account function of money: all of the following are correct means that money makes price information more accessible requires that money be made of something valuable means that money can be used to save up purchasing power means that

When a tax is placed on the buyers of cell phones, the size of the cell phone market a. increases, but the effective price received by sellers decreases. b. decreases, but the effective price received by sellers increases. c.