You run a small auto service shop. Your fixed expenses per week are $1,000 and your average customer invoice is $500 with an associated marginal cost of $300. What is your weekly break-even quantity?

What is the primary benefit for people and nations that engage in trade?

Other things equal, if there is an increase in nominal GDP, bond prices will rise. the interest rate will rise. consumption spending will fall. the demand for money will decrease.

When Hester's car breaks down, she asks Insta-Tow, Inc., to tow it to Jerry's Repair Shop. There is no discussion of a price, and Hester and Insta-Tow do not sign any documents. Later, Insta-Tow sends Hester a bill.

Little's law states that the average number of people in a waiting line is the average customer arrival rate multiplied by the:

Accountants and Economists differ in their calculations of profits in that; a. economists consider sunk costs b. accountants consider implicit costs only c. accountants consider explicit costs only d. all of the above

The length of a rectangle is twice the width the perimeter is 36 ft find length and width

An owner withdrawal of $20,000 would: A. decrease owner’s equity and increase assets by $20,000. B. increase owner’s equity and decrease liabilities by $20,000. C. increase liabilities and assets by $20,000.

Leah, the CEO of SteadyResults Corp., feels that she is underpaid, so she hires a compensation consultant to survey actual competitors of the company. According to agency theory, if SteadyResults performs poorly, her salary will most likely:

A qualification that might ordinarily be argued as being a basis for discrimination, but a company can show is job related and necessary is called a a. real and necessary distinction. b. quasi-discriminatory factor. c.

Rasheed can afford a monthly car payment of $600 for 5 years at an annual interest rate of 4 percent. Which of the following is closest to the amount he will be able to borrow for a new car? Remember, loans are END of period.