Answers

MA

Answered

(Table: Price Elasticity) Use Table: Price Elasticity.What is the price elasticity of demand (using the midpoint formula) between $1.50 and $1.25?

A) 1.00
B) 1.22
C) 1.50
D) 1.75

On Jul 20, 2024


B
MA

Answered

Use the end-of-period spreadsheet for Finley Company. The entry to close C. Finley, Drawing would be

A) debit C. Finley, Capital, $3,000; credit C. Finley, Drawing, $3,000
B) debit C. Finley, Capital, $12,000; credit C. Finley, Drawing, $12,000
C) debit C. Finley, Drawing, $3,000; credit C. Finley, Capital, $3,000
D) debit C. Finley, Drawing, $12,000; credit C. Finley, Capital, $12,000

On Jul 17, 2024


A
MA

Answered

Faced with a 3000 taco capacity constraint,what is the optimal number of chicken tacos to prepare?

A) 2758
B) 1736
C) 1264
D) 2500

On Jun 20, 2024


C
MA

Answered

Describe the buying power and characteristics of the Hispanic consumer.

On Jun 17, 2024


Hispanic buying power was projected to reach $1.3 trillion in 2015, a cumulative increase of around 25 percent compared with 2010. The 50 million Hispanic consumers in the United States have increasing influences on mainstream U.S. culture. Many families have been in the United States for multiple generations, and the consumer behavior of these highly acculturated Hispanics differs little from that of other groups of Americans. For example, they use credit cards, are minimally influenced by advertising and product placements, exhibit greater sensitivity to in-store promotions, and are likely to shop online and from catalogs.
MA

Answered

Management accountants are not required to follow the generally accepted accounting principles that are used for external financial reporting when preparing reports for internal users.

On May 21, 2024


True
MA

Answered

Because of the kind of externalities that tend to be generated from general R&D resources bought by firms, the equilibrium price of R&D:

A) is above the optimal level, and quantity is below the optimal level.
B) is below the optimal level, and quantity is above the optimal level.
C) and quantity of R&D are both above the optimal level.
D) and quantity of R&D are both below the optimal level.
E) must fall in order for the market to reach equilibrium.

On May 18, 2024


D