Aggregate demand is everything produced while simple demand is one good. which statement reflects simple demand?

A. price of a new phone

B. average price level

C. national inflation rate

If the market elasticity of demand for potatoes is - 0.3 in a perfectly competitive market, then the individual farmer's elasticity of demand A. will also be - 0.3. B. will range between - 0.3 and - 1.0. C. will be infinite. D.

Williams Inc. produces fluorescent lightbulbs for commercial use. The accounting manager is attempting to estimate the total cost for the next quarter using the high-low method.

eBay is one of the biggest online auctioning companies in the world. Buyers and sellers of all types are able to hop online, put up something for sale, and sell it!

Metro Inc. has two production departments (Lamination and Molding) and three service departments (Human Resources, Technology Support, and Purchasing). Service department costs are allocated to production departments using the direct method.

You own a house that you rent for $1,675 per month. The maintenance expenses on the house average $315 per month. The house cost $242,000 when you purchased it 4 years ago. A recent appraisal on the house valued it at $264,000.

Sal, a production manager, knows that some of his employees are upset with a new corporate policy that eliminates a tuition reimbursement program. As a result, some of these employees are participating in soldiering.

An investment project provides cash inflows of $1,275 per year for eight years. a. What is the project payback period if the initial cost is $4,100? (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) b.

Assume the market basket for the consumer price index has two products-bread and milk-with the following values in 2013 and 2018 for price and quantity: The Consumer Price Index for 2018 equals : A. 118 B. 116 C. 86 D. 85

Jim, who has an internal locus of control, failed his last history test. jim is apt to respond to the failing grade by

Contractors LLC agrees to build a store for Discount Retail, Inc., at a specific location. Before construction begins, the local zoning law is changed to prohibit commercial buildings at that location. In this situation Select one: a.