For-profit businesses and nonprofit organizations are similar in that they both what?

A natural monopoly occurs when: Group of answer choices long-run average costs decline continuously through the range of demand. long-run average costs rise continuously as output is increased.

Of the following duties, it is most important to separate a. accounts payable and accounts receivable b. warehouse from inventory control c. warehouse from stores d. purchasing and accounts receivable

A teenager purchases a camera for $62 by endorsing his paycheck of $90. not having $28 change in his register the camera store owner runs across the street to the drug store and obtains $90 in cash for the check.

The SDS attracted primarily blue-collar workers. True or False

American Idle sells hammocks in a perfectly competitive market. This year, the price of hammocks has fallen to $24, and Simon Cowbell, the manager of American Idle, is trying to decide what to do.

Richard hires Paul to paint his kitchen in two eight-hour days of work for $500. At the end of the first day, the kitchen is 85 percent complete. Richard asks Paul to stay late and finish.

A manager demonstrates when he listens carefully to his subordinates and works to build trusting relationships.

On March 1, 2017, Boyd Company acquired real estate, on which it planned to construct a small office building, by paying $80,000 in cash.

A. Assume that the risk-free rate is 8 percent, the required rate of return on the market (or an average-risk stock) is 13 percent, and the required rate of return on Acme Healthcare stock is 15 percent.

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency in the allocation of resourcesd. are voluntary payments to governments