if the minimum wage rate is higher than the equilibrium wage rate, fewer people will be hired because the cost of labor is too high:" Do you agree or desagree? explain your answer

During the month of May, Gonzalez Clothing transferred 140,000 shirts to Finished Goods Inventory. There was no beginning work-in-process inventory.

The factors of production influence an item's: A. demand. B. availability. C. cost. D. quality.

Adjustments for unearned revenues: Select one: a. decrease liabilities and increase revenues. b. increase liabilities and increase revenues. c. increase assets and increase revenues. d. decrease revenues and decrease assets.

The branch of economics which studies the behavior of entire economies and policies that affect the economy as a whole is called A. macroeconomics. B. microeconomics. C. public economics. D. normative economics.

A company holds $40,000 of 7% bonds as a held-to-maturity security. Assuming all prior interest entries have been accounted for, the bondholder's journal entry to record receipt of the semiannual interest payment includes a debit to Cash for $2,800

Theresa drank 5 ounces of wine. this amount of wine has about as much alcohol as the amount that is in

A monopolist that earns positive economic profit in the short run will

A Hummer is rated at 13 miles per gallon of gas and gas currently costs approximately $2.85 per gallon. If you drive from Orlando, Florida to San Francisco, CA (2,890 miles), how much money will you spend on gas? Assume it is a one-way trip.

If a cooperating broker accepts the offer of subagency from a listing broker, to whom does the cooperating broker owe fiduciary duties?

A group of dairy farmers is trying to raise milk prices by 10%. If the price elasticity of demand for milk is 0.