Master Business with Fun Quizzes & Brain Teasers!

In a market, the marginal buyer is the buyer Group of answer choices whose willingness to pay is higher than that of all other buyers and potential buyers. whose willingness to pay is lower than that of all other buyers and potential buyers. who is willing to buy exactly one unit of the good. who would be the first to leave the market if the price were any higher.
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A bank has $7 million in total deposits and $1.2 million in total reserves. If the required reserve ratio is 10 percent, then the bank has
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Redeker Company purchased equipment on January 1, 2016, for $90,000. It is estimated that the equipment will have a $5,000 salvage value at the end of its 5-year useful life. It is also estimated that the equipment will produce 100,000 units over its 5-year life. 16,000 units of product are produced in 2016 and 24,000 units are produced in 2017. Instructions: Compute the amount of depreciation expense for the year of 2016 and 2017 using the units-of-activity depreciation method. The amount of depreciation expense for the year of 2016 using the units-of-activity depreciation method is
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Sheffield Corp. typically sells subscriptions on an annual basis, and publishes 8 times a year. The magazine sells 64000 subscriptions in January at $9 each. What entry is made in January to record the sale of the subscriptions?
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Two certificates of deposit pay interest at rates that differ by 3%. Money invested for one year in the first CD earns $210 interest. The same principal invested in the other CD earns $315. Find the two rates of interest (in percent).
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What are purchased items or extracted materials that will be transformed into components or products called
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g In the very short run: a. new firms may enter an industry. b. quantity supplied is absolutely fixed. c. existing firms may change the quantity they are supplying. d. price and quantity supplied are absolutely fixed.
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Laws and government actions designed to prevent monopoly and to promote competition are the focus of:
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