What do opponents of minimum wage believe are the results of minimum wage?

increases personal income

results in job shortages

causes unemployment

raises prices of goods

Which of the following is true? Partial equilibrium analysis will:3) A) understate the impact of a tax for complements and overstate the impact for substitutes. B) overstate the impact of a tax for both substitutes and complements.

The amount a person earns before deducting any taxes other than voluntary deductions is called?

Sales for ross pro's sports equipment are expected to be 4,800 units for the coming month. the company likes to maintain 10 percent of unit sales for each month in ending inventory. beginning inventory is 300 units.

Pedrotti Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $28 per unit, management projects sales of 30,000 units. The new product would require an investment of $300,000.

Elmo pays First National Bank $1,000 plus a service fee to draw a check on itself made payable to Go Delivery Service. This is a. a cashier's check. b. a certified check. c. a trade acceptance. d. a traveler's check.

A building with a book value of $54,000 is sold for $63,000 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of a.

What is a diversionary incentive? a. a temptation to switch trading partners to get a better deal b. an opportunity to change international agreements while other states are preoccupied with a conflict c. a payoff for avoiding war d.

A business may decide to pay employee salaries every week, every two weeks, twice a month, or once a month. True or False?

Bank of the Atlantic has liabilities of $4 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $5 million with an average maturity of 5 years earning interest rates of 6.0 percent annually.

Why does unoka consult the oracle? what does the oracle tell him?