Answers

ZK

Answered

​A market maker faces the following demand and supply for widgets.Eleven buyers are willing to buy at the following prices: $15,$14,$13,$12,$11,$10,$9,$8,$7,$6,$5.Eleven sellers are also willing to sell at the same prices.What is the equilibrium price in the market without the market maker

A) ​$12
B) $11
C) $10
D) ​$9

On Jul 05, 2024


C
ZK

Answered

Marketable debt and equity securities that a firm expects to hold as a short-term investment are reported on the balance sheet at

A) current market value.
B) historical cost.
C) amortized current market value.
D) amortized historical cost.

On Jul 05, 2024


A
ZK

Answered

Refer to Scenario 10.7. Suppose that the firm chooses to produce 200 ink pads. At this level of output the demand for ink pads is:

A) inelastic.
B) perfectly inelastic.
C) elastic.
D) unit elastic.

On Jul 03, 2024


C
ZK

Answered

The best design for an organization is the network design strategy.

On Jun 05, 2024


False
ZK

Answered

Generally,a unilateral mistake makes a contract void.

On Jun 03, 2024


False
ZK

Answered

Merchant A orally enters into a $1,000 contract with Merchant B.Merchant B will not be legally bound if she sends a confirmation,because Merchant A did not sign it,but she did object to it 3 days after she received the written confirmation.Merchant A sends out a conforming shipment the following week.The merchants have a binding agreement.

On May 06, 2024


True
ZK

Answered

If someone is willing to pay $500 to go to the Super Bowl but can buy a ticket for $300, they will get $200 in consumer surplus.

On May 04, 2024


True