Suzie signed a contract to sell her soybeans locally to a feed dealer. The best term for this transaction is
Answer: forward contracting.
All of the following are said to be inelastic with regard to demand except
All of the following are said to be inelastic with regard to demand except
Answer: beef
A document that shows the exact size, location, ownership and method of ownership of property is called a .
A document that shows the exact size, location, ownership and method of ownership of property is called a .
Answer: Deed
A market where there are a few large firms that control the market is called a(n)
A market where there are a few large firms that control the market is called a(n)
Answer: oligopoly
To the untrained eye, workers at businesses such as the telephone company and the post office may not appear to be moving when actually they are just very slow workers. Slow service is often blamed on the situation of those businesses, where workers have no incentive to do a good job.
To the untrained eye, workers at businesses such as the telephone company and the post office may not appear to be moving when actually they are just very slow workers. Slow service is often blamed on the situation of those businesses, where workers have no incentive to do a good job.
Answer: monopoly market
In the short run, if variable costs cannot be covered
In the short run, if variable costs cannot be covered
Answer: then the product should not be produced.
A budget to determine if holding hogs to a heavier weight would be profitable is termed a(n)
A budget to determine if holding hogs to a heavier weight would be profitable is termed a(n)
Answer: partial
Subscribe to:
Posts (Atom)