Market for masons is competitive and stable
The labor market for masons is competitive and stable. What is the likely short-term result of an attempt to increase masons' wages?
a. Decreased employment levels
b. Decreased employer size
c. Increased employer size
d. Increased labor supplied
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The other does not, the steroid user gains a competitive advantage and earns a lifetime income of $6 million and the non-steroid user earns $1 million. What is the dominant strategy for both athletes?
Which of the following are not assumptions of classical economic theory? a. Flexible interest rates allow self-correcting equilibrium of savings and investing. b. Flexible prices allow self-correcting of shortages and surpluses in product markets.
Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.5138 S$/US$. You have just placed an order for 39,000 motherboards at a cost to you of 231.20
Assume the following figures for the fiscal year ending 2001: cash $70,000; accounts receivable $250,000; inventory $400,000; net fixed assets $520,000; accounts payable $235,000; and accruals $155,000. Use the percent-of-sales method to forecast
Jen and Barry's Ice Cream needs $20 million in new capital to expand its production facilities. It will use 40% debt and 60% equity. The company's after-tax cost of debt is 5% and the cost of equity is 12.5%. Flotation costs will be 3% for debt an
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Suppose the MPC is an economy is 0.9. The APC is initially 0.95 and disposable income is $4 billion. If disposable income increases to $14 billion, what is the new level of consumption?
The net income presented on an income statement prepared in conforming with generally accepted accounting principles generally is:
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