A price change causes the quantity demanded of a good to increase by 25 percent. As a result, total revenue from sales of the good decreases by 10 percent. Based on the change to total revenue, say whether the demand curve is elastic or inelastic.

The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $165,000 (assume Marchetti uses a perpetual inventory system).

In the short run, unemployment and inflation are positively related. In the long run they are largely unrelated problems. and in the long run inflation and unemployment are positively related. unemployment and inflation are negatively related.

What is the expansionary fiscal policy of the government? A. when the government's expenditure exceeds its revenue B. when the government's revenue exceeds its expenditure C. when the government increases the interest rate D.

Under the time-share sales law in Nevada, a sales agent must complete how many hours of instruction before earning his sales agent's license?

A characteristic of search firms known as headhunters is that they: question 6 options: a. look for qualified candidates who are working for other companies. b. undertake training for unusual job requirements or skill sets. c.

What is double entry bookkeeping?

If the axle division is now operating at full capacity and can sell all its units to outside customers at the present selling price, what is the minimum selling price that axle should accept from the internal division

8. Oscar is looking forward to retirement and feels lucky since he will receive a percentage of his monthly income from a plan his employer has funded. From which type of retirement plan will Oscar receive money? A. 401 (k) B. Defined benefit plan c.

John and Sharon enter into an employment contract, which specifies that Sharon will be employed by John for one year at an annual salary of $45,000 plus benefits. The employment contract is an example of:

What is a commission, as it relates to the stock market? a. The act of making stock available to buy b. A request to buy a specific kind of stock c. Profit made from selling stock d. A fee paid to a broker for making a trade