In the long run, if price is below the average variable cost, the perfect competitive firm should

Behavioral finance argues that A. even if security prices are wrong, it may be difficult to exploit them. B. the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency. C. investors are rational. D.

Which of the following is identified as a recent trend that has staying power? a. Relationship management b. Hedging c. Task management d. Insourcing e. Corporate takeovers

What are sales taxes used on?

Which of the following is not a benefit of a store channel shopping experience? Browsing Immediate gratification Risk reduction Personal service Expanded assortments

Refer to Exhibit 8.3 and determine which of the following terms matches this definition: the risk that the auditor will conclude that the state of internal controls is effective when internal controls are actually not effective. a.

Consider an economy with only two sectors: manufacturing and service. Both sectors are perfectly competitive, and labor is homogeneous. Assume that changes in the labor market do not affect the product demand curve in either sector.

A variable that likely is incorporated in the error term is: A. The fixed cost of production B. the variable cost of production C. Profit from popsicle sales

Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos. Market research indicates that these headphones would sell well in the market priced at $34.80 each.

Derek has liquid assets of $4,450 and he saves $615 a month. His current liabilities are equal to $1,750 and monthly credit payments of $425. Derek's gross income is $5,900 each month and a take-home pay of $4,775.

The sausage hut is looking at a new sausage system with an installed cost of $438,000. this cost will be depreciated straight-line to zero over the project's four-year life, at the end of which the sausage system can be scrapped for $69,000.