The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principle idea of?

This type of restaurant has a relatively large number of employees per customer is it a.) fastfood b.) cafeteria c.) buffet d.) casual dining or e.) fine-dining

Explain why intermediate goods and services usually are not included directly in gdp. are there any circumstances under which they would be included directly?

Lambert Center began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales.

A company has earned a large profit this year. The company's president wants to reward certain employees for their exceptional performance. What strategy can she use to reward deserving employees? A. issue certificates for exceptional performance B.

George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow.

Dogwood, Inc. earned revenues of $11,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $2,000.

After Sunshine Systems merged with RTD Enterprises, company executives noticed that due to increased employee collaboration between the two units, costs were down and revenues increased within both areas.

When the consumer price index rises, the typical family a. has to spend more dollars to maintain the same standard of living. b. can spend fewer dollars to maintain the same standard of living. c. finds that its standard of living is not affected. d.

A magazine subscription costs $45 per year at the beginning of each year, or $115 now for a three-year subscription. If the subscriber elects to pay the $115 now, the rate of return on the investment will be nearest to:

The second step in rational decision making is to: choose the solution that maximizes value. identify the criteria that are important in making the decision. evaluate the alternatives. implement the alternative.