Every year, Rafael figures that the oven in his bakery is worth $1,000 less than the year before because of wear and tear. Setting aside an allowance of this amount to eventually replace the oven is an example of a(n) ______ payment.
a. depreciation
b. appreciation
c. inventory
d. nondurable
a. depreciation
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By making most of its employees owners of the company, United Airlines attempted to
A) cope with the unlimited liability problem. B) change its business organization from a corporation to a partnership. C) address the principal-agent problem between the workers and managers. D) increase the role of the command system in managing the firm.
Explain the three desirable features of a good monetary policy instrument.
What will be an ideal response?
If the dotted horizontal line represents the effect of a usury law then there is a _____ of loanable funds of _________ billion dollars.
A. surplus; 50
B. shortage; 50
C. surplus; 110
D. shortage; 110
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. If three microwave ovens are produced, Micro Oven's total variable costs are
A. $150. B. $200. C. $300. D. $500.