Goodwill is a type of tangible capital.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Bidding in a Dutch auction continues until ________
A) no bidder is willing to bid any higher B) a bidder accepts the price announced by the auctioneer C) a bidder bids above the market price of the good D) a bidder bids below the starting bid
The economic behavior of individual decision makers and the determination of price and output in specific markets are both studied in
a. microeconomics b. macroeconomics c. positive economics d. normative economics e. disequilibrium economics
An increase in the long-run aggregate supply curve indicates that
a. the natural rate of unemployment has increased. b. unemployment has increased. c. the general level of prices has increased. d. potential real GDP has increased.
Figure 4-14
In , which of the following is true at the price ceiling, P?
a.
The excess quantity supplied equals 300 gallons.
b.
The excess quantity demanded equals 300 gallons.
c.
The excess quantity supplied equals 500 gallons.
d.
The excess quantity demanded equals 800 gallons.
e.
Sales will be equal to 800 gallons.