Best description of gross state product

A company produces two products, A and B. It has limited capacity but unlimited demand so it can sell as many of either product as it produces. Product A requires 2 machine hours per unit to produce, and Product B requires 1 machine hour to produce.

Firms are likely to prefer selective distribution when intermediaries

The purpose of insurance is to ... a. build wealth b. transfer risk c. manage assets d. build relationships

The most important agreement which codifies human rights is the: A. The Universal Declaration of Human Rights. B. The U. S. Declaration of Independence. C. The Versailles Treaty. D. The American Civil Liberties Act.

Mis is a tool that is most valuable when it leverages the talents of people who know how to use and manage it effectively.

Why does a company need to know what stage of the product life cycle its products are in?

The per-unit cost of an item is its average total cost ( = total cost/quantity). suppose that a new cell phone application costs $250,000 to develop and only $0.70 per unit to deliver to each cell phone customer.

When the owner of a sole proprietorship dies, what becomes of the business?

Determining Cash Flows from Financing Activities Nichols Inc. reported the following amounts on its balance sheet at the end of 2019 and 2018 for equity: 12/31/2019 12/31/2018 Common stock $164,000 $105,000 Retained earnings 455,490 376,750

Briefly explain the role that the price system plays in a free enterprise market