The result of an inventory stockout usually results in

a. a decrease in prices.

b. an increase in lost sales.

c. an increase in net profit.

d. an increase in inventory costs.

e. an increase in loyal customers.

Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor children, who live with her. Charlotte also maintains the household in which her parents live, and she furnished 60% of their support.

Economist A believes that the elasticity of investment is 1.47 while economist B believes that the elasticity of investment is 0.76.

If more states legalize recreational marijuana, what is the likely effect on the supply of marijuana? It would decrease as the risk of prosecution rises. It would increase because prices will rise. It would not change.

Assume someone organizes all farms in the nation into a singleminusprice monopoly. As a result, the price consumers pay for food A. rises. B. does not change, that is, it remains constant. C. falls. D.

The success of a cartel rests upon discouraging some firms in the market from joining inducing all members lo differentiate their products and charge different prices making exit from the cartel as nearly costless as possible inducing all members to

You're trying to save to buy a new $190,000 ferrari. you have $31,000 today that can be invested at your bank. the bank pays 3.8 percent annual interest on its accounts.

The natural rate of unemployment is a. the sum of seasonal unemployment and cyclical unemployment. b. the sum of structural unemployment and cyclical unemployment. c. the sum of structural unemployment and frictional unemployment. d.

For a large company with many strategic supplier alliances, what would be the best way to manage them? a. Create an alliance board to oversee alliances b. Reduce the number of supplier alliances to less than five c.

In the language of macroeconomics, investment refers to Select one: a. saving. b. the purchase of new capital. c. the purchase of stocks, bonds, or mutual funds. d. All of the above are correct.

A problem that initially hindered the marketability of mortgages in a secondary market was that they were not standardized.