Blank is the act of limiting the types of goods and services produced.

Production possibility

Absolute advantage

Competition

Specialization

Swan Textiles Inc. produces and sells a decorative pillow for $98.00 per unit. In the first month of operation, 2,200 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month.

Minimum wages, hours of employment, and child labor are regulated by the: a. right to work laws. b. regulated hours act. c. federal employment act of 1940. d. fair labor standards act

1) How does a director get to be a director? 2) How does an officer get to be an officer? 3) How does a director get to be removed before the end of his/her term? 4) How do directors conduct business? 5) What's a quorum?

Sheffield Realty Corporation purchased a tract of unimproved land for $115,500. This land was improved and subdivided into building lots at an additional cost of $72,366.

A credit score between 500 and 600 means a consumer would most likely

Suppose Zenon Co. issued a long-term bond and received $250,000 cash from the issuance during 2015. The company also issued 12,000 shares of common stock for $260,000. At the end of the year, Zenon paid $165,000 for the dividend declared last year.

How much is a 1941 wheat penny worth today?

The board of directors of Capstone Inc. declared a $0.70 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares authorized, 22,000 shares issued, and 3,800 shares held as treasury stock.

Property taxes are usually determined based on the property owner's income. the amount of money invested in the property. the earnings generated by the property. the value of the property.

He Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $ 585,000 $ 473,000 Variable costs 174,000 228,300 Traceable fixed costs 145,500 207,000 Allocated common corporate costs