In economics, a free market is best described as

A. a street where festivals take place.

B. avoluntary exchange of goods and services.

C. a place where a person buys groceries for free.

D. a government-controlled barter system.

A stock has an expected return of 12 percent, its beta is 0.35, and the risk-free rate is 4.8 percent. what must the expected return on the market be

Jax Company used the acquisition method when it acquired its investment in Saxton Company. Jax now sells some of its shares of Saxton such that neither control nor significant influence exists. Which of the following statements is true? A.

Excess Construction Corp. has a $16 million contract to construct a building. The company estimates $10.4 million in costs to construct the building and an expected gross profit of $5.6 million.

Why did the Soviet Union experience many surpluses and shortfalls? A) The labor force wasn't well educated B) The cold climate made farming hard C) Central planners could not manage every detail D) The country depended on imports to obtain resources.

From your reading of the chapter's opening case, ACH Food Companies implemented new information systems in order to achieve which of the following business objectives?

The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify factors that might have a significant influence on Alpha's business operations. Which of the following concepts is illustrated in the scenario?

This allows you to use a car for a specified period of time for a specified monthly payment: -Lease -Loan -Gift -Contract

The income elasticity for most staple foods, such as wheat, is known to be between zero and one. As incomes rise over time, what will happen to the demand for wheat? What will happen to the quantity of wheat purchased by consumers?

For which of the following reasons did the office of juvenile justice and delinquency prevention in the late 1980s initiate an intensive community-based juvenile aftercare project called the intensive aftercare program (iap?

If Malcolm shorts 500 shares of a stock priced at $15 per share, how much profit or loss will he realize for each $1 change in stock price? Select the best answer from the choices provided. A. $15 B. $33 C. $500 D. $7,500