The rule of reason was an antitrust law guideline that emphasized the importance of ____ over ____.
A. price; quantity
B. quantity; price
C. behavior; size
D. size; behavior
Answer: C
You might also like to view...
Economists estimate that ________ of U.S. currency is outside the United States and held primarily by ________
A) less than one quarter; foreign banks and foreign governments B) over half; households and firms in countries where there is little confidence in the local currency C) over half; foreign banks and foreign governments D) less than one quarter; households and firms in countries where there is little confidence in the local currency
Which of the following statements about the optimal solution to the consumer problem based on the Cobb-Douglas utility function is NOT true?
A) The cross-price elasticities of demand are zero. B) Both goods have downward sloping demand curves. C) Both goods are normal goods. D) The marginal utility of income may be negative.
Which of the following does not exist when an economy is operating at full employment?
a. An unemployment rate of 5 percent or 6 percent b. Seasonal unemployment c. Structural unemployment d. Cyclical unemployment e. Frictional unemployment
Winnebago Industries Inc. reports the following selected information for its fiscal year ended August 25, 2018
Winnebago Industries Inc. reports the following selected information for its fiscal year ended August 25, 2018 ($ thousands).
| Contributed capital, August 26, 2017 | $106,289 |
| Treasury stock, August 26, 2017 | (342,730) |
| Retained earnings, August 26, 2017 | 679,138 |
| Accumulated other comprehensive (loss) income, August 26, 2017 | (1,023) |
During fiscal year 2018, Winnebago reported the following:
| 1. Issuance of stock | $ 5,822 |
| 2. Repurchase of stock | 4,644 |
| 3. Net income | 102,416 |
| 4. Cash dividends | $12,738 |
| 5. Other comprehensive income/ (loss) | 1,915 |
Use this information to prepare the statement of stockholders' equity for Winnebargo's for fiscal year August 25, 2018.