T/F

Currently, the consumer's role in the marketplace is viewed as being "buyer beware."

True

False

Ball bearings, inc. faces costs of production as follows:

Your grandfather put some money into an account for you on the day you were born. You are now 18 years old and are allowed to withdraw the money. The account currently has $ 4 comma 909 in it and pays an interest rate of 3 %. a.

Three large firms dominate the telecommunication industry of United Canva: AD Telecom Inc., Mystic Telecom Corp., and Total Talk Inc.

Suppose that during the past year, the price of a laptop computer fell from $2,500 to $2,300. during the same time period, consumer sales increased from 403,000 to 549,000 laptops.

Sold merchandise on account to Beijing Palace Co., $18,900. The cost of the merchandise sold was $11,200 Received $8,000 from Beijing Palace Co.

Equity theory is the principle that when jobs are distinctly different but entail similar levels of ability, responsibility, skills, and working conditions, they are of equal value and should have the same pay scale. True False

Which of the following situations will likely result in the highest price for a good? -high demand and high supply -low demand and high supply -low supply and low demand -low supply and high demand

Which statement is not true? 26% of fortune 500 CEOs are women More than 50% of all professional level jobs are healed by women 8.1% of the top earners or women 4.6% of fortune 500 CEOs are women

If in response to a spreading recession, the President calls for an increase in investment spending by businesses, which of the following would be the best policy mix to accomplish this goal without increasing the output level?

How taxation and legislation impact positively (contribute to the company's success) and negatively (can lead to failure) on the company you visited