In the long run, profits will equal zero in a competitive market because of A. constant returns to scale. B. free entry and exit. C. the availability of information. D. identical products being produced by all firms

Firms that have a high degree of resource similarity are likely to have similar strengths and weaknesses. a. True b. False

The worlds first modern bank opened during the 14th century in this country

An economics professor is discussing a measure of inflation over time based on a basket of goods comprised of all the components of GDP. Which measure is it?

A company writes a check but does not have enough money to cover the balance. What fee might the bank assess the company in this case? A. Expense overage fee B. Non sufficient fund fee C. Reconciliation fee D. Deposit fee

Digital assets encompass any computer-related resources that are owned by an organization if the assets were created on the computer by company employees or if the assets were custom developed for and purchased by the organization. True/False

In 2017, in a speech in China, Apple CEO Tim Cook stated that globalization is "great for the world ... I think the reality is you can see that countries in the world ... that isolate themselves, it's not good for their people.

A demand curve that is horizontal indicates that the commodity

An individual who make and sell goods and services are?

Rhiannon Corporation has bonds on the market with 13.5 years to maturity, a YTM of 7.4 percent, a par value of $1,000, and a current price of $1,059. The bonds make semiannual payments. What must the coupon rate be on these bonds?

Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Georgia Corp Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Increase / (Decrease) Cash