In the scenario above, as a result of increased advertising, Talbot's economic profit
A) decreases by $500.
B) increases by $170.
C) increases by $750.
D) decreases by $100.
A
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Characteristics that enable an item to serve well as money include each of the following, except ________
A) durable B) abundant C) divisible D) portable E) verifiable
Imagine Tom's annual salary as an assistant store manager is $30,000, he owns a building that rents for $10,000 yearly, and his financial assets generate $1,000 per year in interest. One day, after deciding to be his own boss, he quits his job, evicts his tenants, and uses his financial assets to establish a bicycle repair shop. To run the business, he outlays $15,000 in cash to cover all the costs involved with running the business, and earns revenues of $50,000. What are Tom's accounting profits?
A. $50,000 B. $24,000 C. $35,000 D. $6,000
Jill and Daniel graduate from college in the same year in economics and physics respectively and start looking for jobs. They are competitors in the job market
Indicate whether the statement is true or false
Which of the following lags makes stabilization policy more problematic?
a. expenditure lags b. recognition lags c. policy lags d. All of the above.