How can limited resources benefit the problem-solving capability in an organization?

What conditions must exist for separate contracts to be viable?

Suppose price elasticity of demand is relatively inelastic for good X. If the price elasticity of supply for good X is elastic and an excise tax is imposed on good X, who will bear the greater burden of the tax?

A sound allocation system should: be cheap and easy to administer provide incentives for cost control charge in proportion to amount used or benefit received be perceived as equitable by those who are charged be all of the above

The overall goal of the financial manager is to

While a television news reporter might state that "today the fed raised the federal funds rate from 1 percent to 1.25 percent," a more precise account of the fed's action would be as follows:?

A sales associate has a house listed at $200,000. It's overpriced and he feels it has only a 70% chance of selling in the original listing term. He also has a $300,000 house that has an 80% chance of sale.

Banks are financial intermediaries because they: a) hold all the money in the economic system in currency form. b) print money as needed for borrowers whether business, individual, or government entities.

Johnson Company manufactures a variety of shoes, and has received a special one-time-only order directly from a wholesaler. Johnson has sufficient idle capacity to accept the special order to manufacture 15,000 pairs of sneakers at a price of $7.

What are the remains after the costs of running a business have been paid? A. stock B. taxes C. profits D. sales

True or false? economists argue that individuals have "rational self-interest".