Specialization is important in an economy because it leads to which important economic concept?

allocation of resources

price ceilings

government regulation

voluntary exchange

Palmer corp is considering the purchase of a new piece of equipment. the cost savings from the equipment would result in an annual increase in net income after tax of "$100,000".

Which of the following is not a true statement? A. The all-in-rate a bank charges its customer (s) for accepting drafts includes both the discount rate and the acceptance commission. B.

Identify the careers that require a college degree and the ones that require only a certification. biomedical engineer hairstylist childcare director museum personnel sociologist tour guide

Which are objects that fulfill the needs and wants of consumers?

What are the benefits of investing in corporation?

Evan Company reports net income of $140,000 each year and declares an annual cash dividend of $50,000. The company holds net assets of $1,200,000 on January 1, 2017.

Those who believe that regulations on business and industry are too numerous and too complex are most likely to favor the policy of

In phenomenological studies, researchers strive to ensure that their own preconceived beliefs and opinions do not influence the emerging data, using which strategy? a. Constant comparison. b. Participant observation. c. Hermeneutics. d. Bracketing.

A survey by the National Restaurant Association found that 70% of consumers say that they are more likely to visit restaurants that offer locally produced food.

Which of the following is not a quality of a good employee? a. hardworking b. dishonest c. polite d. punctual