Graphically, the consumer maximizes total utility where the budget line is tangent to an indifference curve.

________ is a type of incentive pay in which payments are a percentage of an organization's profits and do not become part of its employees' base salary.

A) Merit pay
B) Gainsharing
C) Group bonus
D) Profit sharing
E) Commission

What are the three most important factors of production?

Perform a Pareto analysis on the following information:
$$\begin{array}{ll}\text{ Reason for unsatisfying check-out at store }& \text{ Frequency }\\ \text{ Unfriendly cashier }& 27\\ \text{ Incorrect change }& 4\\ \text{ Cashier too slow }& 9\\ \text{ Price check }& 34\\ \text{ Poorly bagged merchandise }& 2\\ \text{ Slow receiving cheque approval }& 3\end{array}$$

Raphael's Refining uses a weighted average process costing system. For a particular period, its opening inventory consisted of 100 items (60 per cent complete as to conversion costs) whose costs were $1600 made up of material $300 and conversion cost $1300. During the month, 1000 items were started and 950 were completed. Ending inventory of WIP was one-third complete. There was no spoilage. Costs placed in process during the month were materials $1600 and conversion costs $13 700. Materials are added at the halfway point. What is the amount of cost that would be allocated to goods completed in the period?

A) $14 615
B) $16 513
C) $16 900
D) $16 150

Why did syndicated columnist Dan Savage and his partner Terry Miller initially create the It Gets Better Project?

A) to start a national LGBT movement
B) to create a digital platform and clearinghouse
C) to encourage gay teen victims of bullying that life will get better
D) to raise funds for a new teen suicide prevention nonprofit

What are the four types of discounts that buyers typically receive?

The illegal practice of charging more than the amount of interest allowed by law is called:

A) libel.
B) in pari delicto.
C) slander.
D) usury.