James is the owner of a small toy manufacturing company. James primarily focuses on buying and selling a product using the Internet. Which of the following best describes James business practice

Economics These are the legal restrictions set forth by a government to produce desired outcomes. Answer: government regulations

Carlos and Darla are playing the dictator game. Carlos is assigned the role of dictator and given $20 to split between the two of them. Based on previous experiments with this game by behavioral economists, which is the least likely outcome?

How do inherent risk and control risk differ from detection risk?

The National Insurance Corporation has $1,000 par value bonds with a coupon rate of 8% per year making semiannual coupon payments. If there are twelve years remaining prior to maturity and these bonds are selling for $876.

When using statistics to support a speech, it is best to do all of the following except: a. use statistics to quantify ideas. b. use statistics to explain. c. present statistics with charts or graphs so it is easier for listeners to grasp d.

True or false: suppose that the hypothetical country of prairieland has a chronic scarcity of wheat, its staple grain. this implies that if prairieland has a market economy, wheat will be available only for a price.

Sheldon has the following year-end account balances: Accounts Receivable, $5,000; Supplies, $12,000; Equipment, $18,000; Accounts Payable, $17,000; Stockholders' Equity, $43,000. The Cash account balance was not available at year-end.

Nadia was informed about the interest rate and fees before she opened her account with the bank. What act or right made sure she was informed?

Which form of transportation is the dominant form of domestic transportation?

The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investment ($320); imports ($35); exports ($22); personal consumption expenditures ($2,460); and, government purchases ($470).