A consumer's opportunity cost differs from a business's opportunity cost in that it is associated with?

A) an item not purchased

B) an output not produced

C) one factor of production only

D) the use of a decision-making grid

An agent is a person who acts on behalf of another person, so all agents are, in effect, employees

A company: purchased 100 units for $20 each on January 31, purchased 100 units for $30 on February 28, and sold 150 units for $45 each from March 1 through December 31.

Zira co reports the following production budget for the next four months. April May June July Production (units) 664 705 697 677 Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. - You purchase a box of Belgium chocolate - Honda expands its factory in Ohio. - Your parents buy a new house from a local builder.

Suppose that the home country in the two-sector (manufacturing and agriculture) specific-factors model has a comparative advantage in manufacturing output. What will happen to the relative price of manufactured output when trade occurs?

A demand curve that is horizontal indicates that the commodity

An individual who make and sell goods and services are?

Rhiannon Corporation has bonds on the market with 13.5 years to maturity, a YTM of 7.4 percent, a par value of $1,000, and a current price of $1,059. The bonds make semiannual payments. What must the coupon rate be on these bonds?

Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Georgia Corp Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Increase / (Decrease) Cash

Cayo Casta Cabins Corporation recently purchased Ship Island Resort and Casino and the land on which it is located with the plan to tear down the resort and build a new luxury hotel on the site.