Refer to Figure 28-3. If the minimum wage is equal to $125, what is the quantity of labor supplied, the quantity of labor demanded, and number unemployed?

Which of the following does NOT correctly complete this sentence: In general, the link between an information announcement and the stock price is that ____________________.

A) The expected stock return will change if the announcement contains a surprise component.
B) The stock price will not change if the announcement provided only anticipated information.
C) Only announcements that have already been discounted will affect the stock price.
D) In order for the price of the stock to change, the announcement must be relevant to that particular stock and must be unanticipated.
E) If markets are efficient in the semi-strong form, then the market will react rapidly to the new information.

One of the advantages of radio as an advertising medium is that it

A) is audio-only.
B) is cost-effective.
C) doesn't require marketers to segment an audience.
D) is good for complex messages.
E) has a long exposure time.

The general ledger and the accounts receivable subsidiary ledger are the same book.

A company paid $595,000 for property that included land appraised at $384,000; land improvements appraised at $128,000; and a building appraised at $288,000.The plan is to use the building as a manufacturing plant.Determine the amounts that should be recorded as:

An "anti-dumping" statute:

A) is applied to both foreign companies and domestic companies which charge a higher price for products sold in the U.S. than the price charged abroad.
B) has been declared invalid because of the inherent discrimination against foreign corporations.
C) is administered by the FTC.
D) makes illegal the sale of exported goods from one country to another country at less than normal value.