Which of the following would an economist most likely classify as a need?

A. gasoline for a florist's delivery truck.

B. a college degree.

C. a flat-screen television.

D. a part-time job to earn extra money.

The payroll register of Heritage Co. indicates $3,900 of social security withheld and $975 of Medicare tax withheld on total salaries of $65,000 for the period.

Consumers who agree to a "no interest" installment plan should be aware of how much is saved by avoiding cash. the terms outlined in the paperwork. sales that would lower prices. interest rates other consumers pay.

Which of the following situations will likely result in the highest price for a good? -high demand and high supply -low demand and high supply -low supply and low demand -low supply and high demand

Pharoah Corporation had the following activities in 2020. 1. Payment of accounts payable $843,000 4. Collection of note receivable $104,000 2. Issuance of common stock $256,000 5. Issuance of bonds payable $466,000 3. Payment of dividends $333,000 6.

The efficient market hypothesis would support which of the following: The market price of securities on average equals the price that would be computed using all public information. The price of securities is reflective of the information available.

This allows you to use a car for a specified period of time for a specified monthly payment: -Lease -Loan -Gift -Contract

The income elasticity for most staple foods, such as wheat, is known to be between zero and one. As incomes rise over time, what will happen to the demand for wheat? What will happen to the quantity of wheat purchased by consumers?

For which of the following reasons did the office of juvenile justice and delinquency prevention in the late 1980s initiate an intensive community-based juvenile aftercare project called the intensive aftercare program (iap?

If Malcolm shorts 500 shares of a stock priced at $15 per share, how much profit or loss will he realize for each $1 change in stock price? Select the best answer from the choices provided. A. $15 B. $33 C. $500 D. $7,500

Hevesy Inc. produces and sells a single product. The selling price of the product is $200.00 per unit and its variable cost is $80.00 per unit. The fixed expense is $300,000 per month. The break-even in monthly unit sales is closest to: a. 2,500 b.