Mass production requires all of the following except

a. division of labor

b. interchangeable parts

c. assembly line

d. training in each part of production

Which of the following best describes a Nash equilibrium? An outcome from which one or both competitors can improve their position by adopting an alternative strategy. The unstable outcome of a repeated game.

How much more do you spend on purchases when you use credit vs. cash?

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What is one reason individuals and corporations contribute so generously to charitable organizations? O Donations to charitable organizations are tax deductible. O Banks offer incentives to customers who donate to charitable organizations.

Phillips Company acquires all of the outstanding stock of Sylvania Company by issuing 20,000 shares of its own $5 par value stock. The market value of its stock at the date of issuance was $50 a share.

How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wholesale company? how will they differ for a hospital or a government unit?

Camilo's property, with an adjusted basis of $155,000, is condemned by the state. Camilo receives property with a fair market value of $180,000 as compensation for the property taken. a. What is Camilo's realized and recognized gain? b.

A decrease in resource prices will increase the incentive of users to purchase the resource. suppliers to provide more of the resource. firms to find and develop substitutes for the resource.

Garden Company purchased merchandise on account from Parker Company for $88,000 with terms 1/15, net 45. Garden Company returned $12,000 of the merchandise and received full credit from Parker Company.

Money is a productive asset. Its opportunity cost is: A) The time value of money. B) Valuation. C) Inflation. D) Replacement cost. E) Depreciation.