What is economics and how do go about doing economics

1. Explain how Merck produces TVs.

The data below are for parrett enterprises: beginning inventory 150 units at $2.00 purchase-august 375 units at $1.50 purchase-october 150 units at $3.00 a periodic inventory system is used; ending inventory is 330 units.

George has considered selling franchises of his very successful hardware store. However, he is concerned that the franchisees will destroy the reputation of the company and end up hurting his business. What advice would you give George

bob has $x$ dollars now. if pat gives bob a dollar, bob will have twice as many dollars as pat. of bob gave pat a dollar instead, they both will have the same number of dollars. what is the value of $x

If you invest $50,000 at 10% interest compounded continuously, what is the average amount in your account over one year? (Round your answer to the nearest cent.)

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