When one automaker acquires another automaker the acquisition is classified as a:

A) Leveraged buyout.
B) Vertical acquisition.
C) Strategic alliance.
D) Conglomerate acquisition.
E) Horizontal acquisition.

Cash investments made by the owner to the business are reported on the statement of cash flows in the

A) financing activities section
B) investing activities section
C) operating activities section
D) supplemental statement

Payments that a firm makes to obtain needed resources comprise its

A) costs.
B) profits.
C) capital.
D) revenues.

Per capita incomes must first grow for birth rates to decline. This statement describes the

A) human capital view of population growth.
B) traditional view of population growth.
C) capricious universe view.
D) demographic transition view of population growth.

The costs of changing price tags and price listings are known as

A) inflation-induced tax distortions.
B) relative-price variability costs.
C) shoeleather costs.
D) menu costs.

(Figure: Demand and Supply of Gasoline) Use Figure: Demand and Supply of Gasoline.When the supply curve shifted from the initial equilibrium,the new intersection of supply and demand has a price of _____ and quantity of 400.This supply shift could have resulted from _____.

A) $1.50;an increase in consumers' income
B) $1.50;an improvement in refining technology
C) $2.00;an increase in the number of buyers
D) $2.00;an increase in consumers' income