On a common-size balance sheet,each balance sheet account is expressed as a percentage of net assets.

The labor supply curve facing a purely competitive employer is __________,whereas the labor supply curve facing a monopsonist is ___________.

A) upsloping;horizontal
B) downsloping;vertical
C) vertical;upsloping
D) horizontal;upsloping

If the assets of a company increase by $55,000 during the year and its liabilities increase by $25,000 during the same year,then the change in equity of the company during the year must have been:

A) An increase of $80,000.
B) A decrease of $80,000.
C) An increase of $30,000.
D) A decrease of $30,000.
E) An increase of $25,000.

One way to effectively manage volunteers is to be aware of what motivates them.

A company had net sales of $600,000,total sales of $750,000,and an average accounts receivable of $75,000.Its accounts receivable turnover equals:

A) 0.13
B) 0.80
C) 7.75
D) 8.00
E) 10.00

Kayla, a driver for Lyft, files a suit against the firm to change her job classification and obtain better benefits. Lyft considers its drivers to be

A) employees.
B) dependent contractors.
C) independent contractors.
D) none of the choices.

Producers have an incentive to produce those goods most desired by consumers at the lowest price in

A) a centrally planned economy.
B) a communist economy.
C) a market economy.
D) All of the choices are true.