If Arturo and Dina both spend all of their time producing tacos, then total production is a. 800 tacos and 500 burritos. b. 400 tacos and 250 burritos. c. 800 tacos and 0 burritos. d. 400 tacos and 0 burritos.

12) The Ricardian two-country, two-good model predicts that there are potential benefits from trade, but NOT A) when both countries have the same types of technology available. B) when one country has significantly lower wages than the other country.

The Engine Division provides engines for the Tractor Division of a company. The standard unit costs for the Engine Division are: Direct materials $700 Direct labor 1,300 Variable overhead 400 Fixed overhead 200 Market price per unit 3,200 The Engine

Suppose the united states dramatically increases benefits for unemployed workers. explain what will happen to the natural rate of unemployment.

Which bid strategy should Sara use if her goal is to get more people to call her local catering business?

You have a very simple business with just four T-accounts. One has a credit balance of $34,888. The other three have debit balances of $23,322, $4,312, and $5,675. Are your accounts in balance? a) Yes b) No

Determine which economic principle is illustrated by each scenario. The owner of a snow cone trailer realizes that the demand for snow cones is low during the winter, and thus, closes shop until the temperature warms back up near summertime.

Douglas County sought bids for a construction project. Robert Taggart wanted to submit a bid but knew the project needed rock.

Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 94,000 units, 80% complete as to materials and 25% complete as to conversion.

Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan.

Mr. Curtis paid the following taxes: Federal income tax $ 66,750 Federal gift tax 334 Federal employer payroll tax for housekeeper 1,202 Indiana income tax 7,500 Indiana sales tax on consumer goods and services 2,670 Local property tax on: Principal