id string | problem string | answer string | answer_type string | category string | difficulty string | eval_score int64 | similar_problems list |
|---|---|---|---|---|---|---|---|
null | Delvin Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price$120
Units in beginning inventory0
Units produced1,800
Units sold1,500
Units in ending inventory300
Variable costs per unit:
Direct materials$40
Direct labor$42
Variable manufac... | C | null | null | null | null | null |
null | Timberlake-Jackson Wardrobe Co. just paid its annual dividend of $3.56 per share. The dividends are expected to grow at a 10% rate for the next four years. After that, growth will stop and the stock will maintain a constant price. What is the next dividend to be paid? | None | null | null | null | null | null |
null | I was solving a problem in which I need to find the limit of a sequence defined by $ a_n=\sqrt{2+a_{n-1}}$ and $a_1=0$. I have obtained the equation $L=\sqrt{2+L}$ and solving it I get $L=2$. But when I plot the graph of the sequence on wolframalpha I see that there is another solution around $0.6$. Why is this happeni... | None | null | null | null | null | null |
null | When the Fed increases the required reserve ratio:
a) The money supply decreases, because more money is "bound" in reserves and less is available for lending.
b) The money supply decreases, because fewer reserves are required, and thus banks lend more.
c) The money supply increases, because fewer reserves are requir... | None | null | null | null | null | null |
null | The unit costs of making a product are $24.00 per unit (direct materials, direct labor, and variable factory overhead) and $58.00 per unit (fixed manufacturing overhead). The company has excess capacity and regular sales will not be affected by this special order. There is no alternative use for the equipment that woul... | None | null | null | null | null | null |
null | _____ occurs when partners in an alliance possess high-quality resources and capabilities of significant value in an alliance but fail to make those resources and capabilities available to alliance partners.
A) Moral hazard
B) Adverse selection
C) Holdup
D) Explicit collusion | None | null | null | null | null | null |
null | The demand curve for a monopolistically competitive firm is:
A. horizontal.
B. less elastic than the demand curve of the perfectly competitive firm.
C. the same as the industry demand curve.
D. more elastic than the demand curve of the perfectly competitive firm. | B | null | null | null | null | null |
null | Mercury Inc. has a market capitalization of $100 million and earns a return on its capital of 9%. It pays out all its earnings as dividends and can reinvest at 8%.
Candor Corp. is very similar to Mercury but has a higher risk profile. It has a market capitalization of $50 million and earns a return on its capital of 1... | None | null | null | null | null | null |
null | Assume the economy is in a recession and real GDP is below its potential. Congress plans to increase spending. Which of the following statements is correct?
(a) An increase in spending will shift the AD curve right, but only if the AE curve shifts up.
(b) An increase in spending will shift the AD curve right, but onl... | None | null | null | null | null | null |
null | Toyota customers have a wide range of preferences. Some prefer the fuel economy of a hybrid (Prius), some prefer a family van (Odyssey), and others may prefer a large SUV (Highlander). This is an example of _____.
a. horizontal differentiation
b. segmentation
c. vertical differentiation
d. mass customization
e. di... | None | null | null | null | null | null |
null | The New York Stock Exchange is an example of a:
a. perfectly competitive market.
b. market with an outcome guaranteed by a government license or permit.
c. monopoly market.
d. market with one buyer.
e. market with one seller. | None | null | null | null | null | null |
null | Find the consumers' surplus at a price level of $2 for the price-demand equation p = D(x) = 50 - 0.8x where p is the price and x is the demand. | None | null | null | null | null | null |
null | Suppose Netflix, Inc., has a beta of 4.10. If the market return is expected to be 7.60% and the risk-free rate is 2.20%, what is Netflix's risk premium? | 22.14% | null | null | null | null | null |
null | In doing these kinds of problems, I have seen that some answer choices do not have the variable 'a' in the equation while other choices do. How do I know which ones to pick? | None | null | null | null | null | null |
null | Given that $f$ is differentiable and $\int_{0}^{x}f(t)dt = \int_{x}^{1}f(t)dt$ for all $x \in [0, 1]$, prove that $f(\frac{1}{2})=0$. | None | null | null | null | null | null |
null | Calculate the accounting rate of return for the $500,000 investment given the following information: annual sales of $600,000, costs of $250,000, depreciation of $25,000, and an income tax rate of 30%. Also, assume that the investment is to be depreciated straight-line over a 5-year period. What is the accounting rate ... | None | null | null | null | null | null |
null | Company C has been experiencing declining market conditions for its sportswear division. Management decided to test the assets of the division for possible impairment. The test revealed the following: book value of division's assets, $27.7 million; fair value of division's assets, $21.5 million; sum of estimated future... | None | null | null | null | null | null |
null | Your firm uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. You are provided with the following data for the year 2012:
Cost Retail
Beginning Inventory$40,000$60,000
Net Purchases $240,000 $360,000
Markups $20,000
Sales $350,000
Markups do no... | None | null | null | null | null | null |
null | When testing the hypothesis (at the 5% level of significance) that the average energy use has decreased from the past value of 16.6, what is the critical value? | -1.645 | null | null | null | null | null |
null | Suppose that the position of a nation's long-run aggregate supply curve has not changed, but its long-run equilibrium price level has increased. Which of the following factors might account for this event?
a. A rise in the value of the domestic currency relative to other world currencies.
b. An increase in the quanti... | None | null | null | null | null | null |
null | Hahn purchased a one-year insurance policy for $1,600 on March 1, 2015. He credited Prepaid Insurance for $1,600. If Hahn desires to prepare financial statements at the end of March, his adjusting journal entry would include a:
a. debit to Insurance Expense for $1,200.
b. debit to Prepaid Insurance for $1,200.
c. cr... | None | null | null | null | null | null |
null | For sampling proportion, if the probability of success is 0.30, what is the minimum sample size we must have? | None | null | null | null | null | null |
null | A stock has a beta of 1.15, the expected return on the market is 10.5 percent, and the risk-free rate is 4.3 percent. What must the expected return on the stock be? (Do not round intermediate calculations and enter your answer as a percentage rounded to 2 decimal places, e.g., 32.16.) | None | null | null | null | null | null |
null | A company has a dividend yield of 6.1 percent. The company's stock price is $39.33 per share. What is the amount of the dividend per share for this company? | None | null | null | null | null | null |
null | Given that $2^n+3^n$ is divisible by $625$, and using the reasoning provided in the original solution involving binomial expansion and Euler's totient theorem, how can we ensure that smaller factors of $3^{125}+2^{125}$ are not divisible by 625, and is $n=125$ the smallest integer such that $2^n + 3^n$ is divisible by ... | 125 | null | null | null | null | null |
null | Calculate the simple interest earned in 1 year on a deposit of $2,000 if the interest rate is 4.2%. | None | null | null | null | null | null |
null | A company that uses a job-costing system has two departments: machinery and assembly. The assembly department has the following estimated costs and activities for the year:
Estimated Cost
Estimated Activity
Direct materials
$180,000
Not applicable
Direct labor... | None | null | null | null | null | null |
null | Given the following standard costing information for a single product:
Standard Quantity Standard Price/Rate Standard Cost
Direct materials 2 lbs. $3 per lb. $6
Direct labor 2 hrs. $10 per hr. 20
Manufacturing overhead 2 hrs. $14 per hr. 28
Standard cost per unit $54
During the last period, the firm actually produced... | None | null | null | null | null | null |
null | Why does the integral of a constant function, represented by $$\lim_{n\rightarrow \infty}\sum_{k=1}^n c \Delta x,$$ converge to $cL$ when $L$ is the length of the interval? Specifically, why does the convergence to $cL$ depend on the limit of $\Delta x$ being zero? | None | null | null | null | null | null |
null | The risk of understating inventory is most closely related to the financial statement assertion of
a. valuation
b. rights and obligations
c. occurrence
d. completeness | None | null | null | null | null | null |
null | A linear demand function exhibits
A) more elastic demand as output increases.
B) constant demand elasticity.
C) inelastic demand as output increases.
D) insufficient information to determine. | C | null | null | null | null | null |
null | Suppose the economy is initially in long-run equilibrium. Then firms become less confident about the future and invest less. As a result, aggregate demand shifts to the left. We would expect that in the new long-run equilibrium, everything except _____ will have changed.
a. the price level
b. real output
c. the inte... | None | null | null | null | null | null |
null | A prospective, single-blind, parallel group, 24-week, phase III, multi-center clinical trial compared the efficacy and safety of the addition of voclosporin to standard of care treatment versus a placebo in subjects with SLE who had an inadequate response to standard of care (SSC) in terms of improvement on the ACR cor... | None | null | null | null | null | null |
null | Assume an exchange rate between the U.S. dollar and the Japanese yen of 90 yen per dollar, and further assume that the exchange rate is expected to decline by 5 percent per year. The yen is therefore said to be expected to _____.
A) appreciate, and the dollar is said to be expected to depreciate.
B) depreciate, and t... | None | null | null | null | null | null |
null | Taxable income is $64,000, marginal tax rate is 30%, cost of equity is 8% and the discount rate is 9%. If the firm's income is not taxed in the next three years, what is the PV of this permanent difference according to the tax shield approach? (negative answer should be indicated by a minus sign. Round the answer to 2 ... | None | null | null | null | null | null |
null | Assume that a 95% confidence interval for μ has been calculated based on n = 20 observations from a population with a Normal distribution. If we wish to use these data to test H0: μ = μ0 against H1: μ > μ0 and if we wish to use a one-sided alternative with α = 0.05, then a. Use the confidence interval as it is, to make... | None | null | null | null | null | null |
null | There is an ice cream monopoly in the town of Eureka. The monopoly firm is deciding how many ice cream carts to distribute in the town. Each cart has a cost of 1. The consumers have a utility for ice cream of V=10. The unit transport cost of the consumers is 5. Which of the following is true?
A) The optimal number of ... | D | null | null | null | null | null |
null | Because there are no diminishing returns in the stock of ideas in the Romer model:
a) old ideas continue to contribute to current economic growth,
b) economic growth cannot be sustained forever,
c) the economy eventually reaches a steady state,
d) economic growth eventually slows,
e) new ideas must be continually ... | None | null | null | null | null | null |
null | Morality and spirituality are more likely to be closely connected in an individual's life if which of the following is true about the person:
A) The person has a low need for meaning.
B) The person has a low need for control.
C) The person is higher on the Big 5 factor of agreeableness.
D) The person is higher on t... | None | null | null | null | null | null |
null | Sketch the region of integration and evaluate by changing to polar coordinates. {eq}\int_{0}^{3} \int_{0}^{y} \, 3x^2 \, \mathrm{d}x \, \mathrm{d}y{/eq} | None | null | null | null | null | null |
null | In a service company, the amount of an actual indirect cost is debited to the service department expense account.
a. True.
b. False. | None | null | null | null | null | null |
null | Which of the following statements does not apply to intrastatement tax allocation?
A) It is also referred to as intraperiod tax allocation.
B) It includes showing prior period adjustments net of tax effect.
C) It includes showing extraordinary items, changes in accounting principle, and operations of discontinued se... | None | null | null | null | null | null |
null | A key measurement that should be considered before deciding on the financing plan is:
a. current ratio.
b. quick ratio.
c. profit margin.
d. earnings per share. | d | null | null | null | null | null |
null | Packaging Products has a non-refundable one-time-only contract with a customer for a product that will be special made and shipped directly from Packaging's plant. This contract includes a special offer, whereby Packaging will accept any returns up to a month from delivery without charge to the customer. Packaging anti... | None | null | null | null | null | null |
null | A 24 year old is experiencing a fine blood-tinged vaginal discharge, and has not had a period for six months. Her breasts have been producing milk. She has gained about 15 lbs. in six months. Her BMR has decreased. What is the most likely diagnosis?
a. Prolactinoma.
b. Endometrial hyperplasia.
c. Sheehan's syndrome.... | None | null | null | null | null | null |
null | Suppose that there are two treasury bills in the market, one with a 5% return and another one with a 10% return. There are also two risky assets, a stock and a bond, that have expected returns and volatility as shown in the table below. All assets are perfectly (negatively) correlated.
{eq}\begin{matrix}
Asset & Retu... | None | null | null | null | null | null |
null | The chief financial officer is evaluating a proposed capital budgeting project (project Delta) that requires an initial outlay of $10 million and after-tax operating cash inflows of $1 million per year for 20 years.
Estimates of project Delta's required rate of return and standard deviation are 20% and 4%, respectivel... | None | null | null | null | null | null |
null | Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method to account for units and costs. Its work in process T-account for the Mixing Department for Jun... | None | null | null | null | null | null |
null | Which of the following statements about a firm's cost of unlevered equity in a perfect capital market is incorrect?
A) It equals to the cost of the firm's asset.
B) It equals to the weighted average cost of capital.
C) It equals to the cost of levered equity only if the firm's debt is risk-free.
D) It does not depe... | C | null | null | null | null | null |
null | You read in The Wall Street Journal that 30-day T-bills are currently yielding 5.5%. Your brother-in-law, a broker at Safe and Sound Securities, has given you the following estimates of current interest rate premiums:
Inflation premium = 3%
Liquidity premium = 0.25%
Maturity risk premium = 1.5%
Default risk premium... | None | null | null | null | null | null |
null | What is wrong with my derivation of the expected number of flips to get N heads, given that the formula from a textbook is $E(X) = 2^N$? My derivation is as follows:
$E(X) = \sum_{n=0}^{\infty} P(X>n) = \sum_{n=0}^{\infty} (1/2)^n = \frac{1}{1-1/2} = 2$ | None | null | null | null | null | null |
null | How to prove $$\lim_{x\to0}\frac{\sin(x)}{x}=1$$ without the use of derivatives or L'Hôpital's rule, and the formula $$\sin(a)-\sin(b)=2\cos\left(\frac{a+b}{2}\right)\sin\left(\frac{a-b}{2}\right)$$? | None | null | null | null | null | null |
null | Find the exact value of the integral by using a geometric formula.
{eq}\displaystyle \int_{-3}^3 \dfrac 1 2 (9 + x^2)\ dx{/eq} | None | null | null | null | null | null |
null | The average number of beers drank by a student in a week is 2.4 with a standard deviation of .57. If you randomly select 29 students on campus, what is the probability that the average of these students is more than 2.6 beers? | None | null | null | null | null | null |
null | What is the inverse for $n \log_2 n$? How was $62746$ calculated for the row/column combination where $n\log_2n = 1000000$? | 62746 | null | null | null | null | null |
null | Find the coefficient of variation for each data set and then compare the variation of the data sets.
A. Dividends
Year Dividends($)
2007 3.10
2008 3.20
2009 3.50
2010 3.68
2011 3.72
B. Incomes
Year Incomes($)
2007 50,000
2008 51,000
2009 54,000
2010 56,000
2011 57,000 | None | null | null | null | null | null |
null | Pattee Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:
Activity Cost Pools
Activity Rate
Setting up batches
$58.04
per batch
Processing customer orders
$65.57
per customer order
... | None | null | null | null | null | null |
null | Suppose that the pound-pound sterling exchange rate falls from $1.75 per pound to $1.25 per pound. Which policy instrument can the Bank of England use to maintain its original exchange rate?
A. an increase in interest rates
B. an open market purchase of government securities
C. a decrease in interest rates
D. an op... | None | null | null | null | null | null |
null | One of your clients is in a relatively high-tax bracket. He has a fund with a 10% return and a standard deviation of 15%. You can also invest in a risk-free asset that has a 7% return. What rate of return must you earn on the risk-free investment to make your client indifferent between the risky and risk-free investmen... | None | null | null | null | null | null |
null | The manager of the Alpha Division (an investment center) of Goodeater Corporation was recently considering a proposal for a new product. The details of the proposal are given below:
Equipment to be used in the new product would be purchased for $240,000. It would have a useful life of five years with no salvage value... | None | null | null | null | null | null |
null | Last year, Acre charged $3,010,133 depreciation on its income statement of Andrews. If early this year, Acre sold all its depreciable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal):
a. Just impact the balance sheet
b. Increase Net Cash from operation... | c | null | null | null | null | null |
null | Interest payments are required to be made on a:
a. quarterly basis.
b. semiannual basis.
c. monthly basis.
d. annual basis. | None | null | null | null | null | null |
null | Assume that Company A and Company B are the only two firms in a market. Company A's marginal cost is constant at $10, while Company B's marginal cost is described by the equation MB = 20 + 2Q (where Q is the quantity of Company B). Suppose the market demand is given by P = 100 - Q (where Q is the total quantity of the ... | None | null | null | null | null | null |
null | Salaries for teachers in a particular elementary school district are normally distributed with a mean of $34,000 and a standard deviation of $6,000. We randomly survey ten teachers. In this sample of 10 teachers, we calculate the average salary as 36,000. What is the probability of getting a salary of less than $30,000... | None | null | null | null | null | null |
null | Using the limit definition, how do you find the derivative of f(x) = sin(2x)? | None | null | null | null | null | null |
null | Summer Tyme, Inc. has an ROE of 16 percent and a payout ratio of 25 percent. What is its sustainable growth rate? | None | null | null | null | null | null |
null | DCF Summerdahl Resorts' common stock is currently trading at $38 a share. The stock is expected to pay a dividend of $2.75 a share at the end of the year, and the dividend is expected to grow at a constant rate of 4% a year.
What is the cost of common equity? Round your answer to two decimal places. | 11.24% | null | null | null | null | null |
null | You have $10,000 to invest for the next year and are considering three investment alternatives. Each investment will make a single payment to you one year from today. Which of the alternatives will you select if your goal is to receive the highest return on your initial investment?
A
B
C
... | None | null | null | null | null | null |
null | Bill has total cash flows of $28 million, net operating cash flow of $2.5 million, and net financing cash flow of -$14 million. What is his total investment cash flow? | None | null | null | null | null | null |
null | A tank of gasoline (n = 1.40) is open to the air (n = 1.00). A thin film of liquid floats on the gasoline and has a refractive index that is between 1.00 and 1.40. Light that has a wavelength of 638 nm (in vacuum) shines perpendicularly down through the air onto this film, and in this light the film looks bright due to... | None | null | null | null | null | null |
null | Which of the following would not be considered a typical BOP transaction?
A) A U.S. tourist purchases gifts at a museum in London.
B) The U.S. subsidiary of European financial giant, Credit Suisse, pays dividends to its parent in Zurich.
C) Toyota U.S.A. is a U.S. distributor of automobiles manufactured in Japan by ... | None | null | null | null | null | null |
null | Let $f(n) = \lim_{\alpha \rightarrow 0} \frac{(2 - \cos(\alpha))^n - 2^n}{\alpha}$. For what positive integers n does $f(n)$ converge? | None | null | null | null | null | null |
null | I am using cofactor expansion and row reduction to find the determinant of a matrix, but I am not getting the correct answer. I know the answer is h = 8 and the determinant is 21h - 168. After two row reductions, I have the matrix {{7,-5,3},{0,3,-5},{0,-3,h-3}}. What am I doing wrong? | 8 | null | null | null | null | null |
null | Which of the following statements is most accurate?
a. The Fisher equation states that the nominal rate of interest is the sum of the real rate of interest and the inflation rate.
b. The Fisher equation states that the nominal rate of interest is the product of the real rate of interest and the inflation rate.
c. Th... | None | null | null | null | null | null |
null | Given that Capital is fixed, the short run production function is {eq}f(L)=5L-L^2
{/eq}. If the Price of output is $80, find the profit maximizing quantity of Labor employed, given that the wage rate is $100. | None | null | null | null | null | null |
null | Which of the following would be a disadvantage of the LIFO inventory method?
A. Inventory value in the balance sheet matches the current cost of replacing the inventory.
B. LIFO provides good matching of replacement costs against current revenue.
C. LIFO produces a similar amount of income under varying price levels... | None | null | null | null | null | null |
null | If the real wage increases and unemployment remains unchanged, which of the following must have occurred?
A. the price level rose.
B. the price level remained constant, and hours worked increased.
C. the price level fell and hours worked increased.
D. the price level rose, and hours worked decreased.
E. the price ... | None | null | null | null | null | null |
null | Estimate the maximum number of personnel the center can handle if a study showed that 86% of the employees preferred the center and we want to estimate that proportion to within 6% at the 99% confidence level. | None | null | null | null | null | null |
null | If you deposit the traveler's check in your bank account (i.e., a transaction account), by how much do(es) M1 change?
A) Not enough information
B) Decreases by $100
C) Increases by $100
D) No change | D | null | null | null | null | null |
null | According to the empirical research on convergent and divergent thinking, which statement is true
a. groups are better than individuals at convergent and divergent thinking.
b. individuals are better than groups at convergent and divergent thinking.
c. groups are better than individuals at convergent thinking; indiv... | None | null | null | null | null | null |
null | Freeman Corporation's balance sheet at December 31, 2011, included a $41,000 account receivable from Alisson Corporation of Australia. The account receivable is denominated in Australian dollars and is to be collected in 3 months. On December 31, 2011, the exchange rate for Australian dollars was $0.66. Assuming that F... | None | null | null | null | null | null |
null | All of the following are examples of intangible assets except:
A. patents and copyrights
B. goodwill and brand names
C. customer lists and trademarks
D. ordinary research and development activities | None | null | null | null | null | null |
null | How long will it take for me to replace the tires on my 1964 Valiant, if the new tires last 40,000 miles, my car gets 22 miles to the gallon, and I fill my tank with 12 gallons of gas? Assume I always replace the tires as needed. | None | null | null | null | null | null |
null | Keys Printing plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannually. The company's marginal tax rate is 40.00%, but Congress is considering a change in the corporate tax rate to 50.00%. By how much would the cost of debt used to calculate the WACC change if the new ta... | None | null | null | null | null | null |
null | BMW has developed two new print ads designed to appeal to women.One ad uses local scenes from around its South Carolina plant and emphasizes the "made in America" aspect.The other ad uses a spokesperson and emphasizes the safety of the car.Which type of ad effectiveness measure should BMW use to test which ad is most e... | A | null | null | null | null | null |
null | Sally owns 100% of the common stock of J. M. Corp., which has $400,000 in earnings available for common stockholders. Sally has sold her stock in J. M. Corp. and is in a 15% capital gains tax bracket. Which one of the following statements is true?
a. Sally would have been taxed at 15% on the dividend if it had been re... | None | null | null | null | null | null |
null | Assume the following journal entry is recorded for the issuance of bonds by Bowling Green Corporation.
Cash
15,763
Discount on Bonds
237
Bonds Payable
16,000
The bonds were issued at:
A) 98 with an annual interest rate of 8%.
B) 100 with an annual ... | None | null | null | null | null | null |
null | A company has 100,000 authorized shares of $4 par common stock. It issued 50,000 shares at $9 per share. Later, the corporation declared a 10% stock dividend when the market price of the shares was $20 per share.
By what amount did Retained Earnings change, if at all?
a. $100,000
b. $0
c. $180,000
d. $250,000 | None | null | null | null | null | null |
null | An asset has an average return of 11.5 percent and a standard deviation of 21.8 percent. What range of returns should you expect to see approximately 68 percent of the time? | None | null | null | null | null | null |
null | In each hour, a factory can produce either 5 cars or 8 trucks, or some combination of the two. The factory can produce 50 cars in 10 hours by producing no trucks. In the same 10 hours, it can produce 80 trucks by producing no cars. Assuming that the factory is using all of its resources efficiently, what is the opportu... | None | null | null | null | null | null |
null | An absorption-costing income statement separates cost into the major categories of __________.
A. manufacturing and nonmanufacturing
B. all of these answers are correct
C. product and period
D. inventoriable and non-inventoriable | B | null | null | null | null | null |
null | Company X uses standard costs for its manufacturing division, which began operations on January 1 of the current year. The predetermined overhead rate for 2014 was $300 per machine hour ($50 per direct labor hour). At the end of 2014, the cost records indicated the following data:
-Standard direct labor hours for unit... | None | null | null | null | null | null |
null | Which of the following financial statements measures the firm's financial position at a point in time?
A. balance sheet
B. income statement
C. retained earnings
D. statement of cash flows
E. None of the above | None | null | null | null | null | null |
null | On January 1, 2015, Simpson Company issued $100,000 of 9%, 5-year bonds for $105,206. The market rate of interest was 8%. Using the straight-line method of amortization, the amount of interest expense for 2015 is:
a) $8,416
b) $8,926
c) $4,713
d) $4,284 | None | null | null | null | null | null |
null | If $a,b \in \mathbb{R}$ with $0 < b < 1$ and $a >1$, how many solutions does the equation $a^x = x - b$ have in $\mathbb{R}$? | None | null | null | null | null | null |
null | Which of the following is not an opportunity cost of attending college?
a. the cost of purchasing textbooks
b. money spent on living expenses that are the same whether or not you attend college
c. lost salary
d. business lunches
e. interest that could have been earned on your money had you put the money into a sav... | None | null | null | null | null | null |
null | If atmospheric pressure is {eq}\rm 1\ atm {/eq} and alveolar pressure is {eq}\rm -2\ atm {/eq}, then _____.
a. Transpulmonary pressure is {eq}\rm 2\ atm {/eq}.
b. It is the end of normal inspiration and there is no air flow.
c. It is the end of normal expiration and there is no air flow.
d. Air is flowing out of the lu... | d | null | null | null | null | null |
null | If the annual premium on a building insurance policy is $9,600 and the policy is to be prepaid in full in advance, what journal entry would be made if the policy began on March 1?
a. Debit Prepaid Insurance $9,600, credit Cash $9,600.
b. Debit Insurance Expense $9,600, credit Cash $9,600.
c. Debit Prepaid Insurance ... | None | null | null | null | null | null |
null | By increasing price, a monopolist will:
a. increase total revenue.
b. decrease total revenue.
c. increase profit.
d. decrease profit.
e. have no effect on total revenue or profit. | None | null | null | null | null | null |
null | Consider a monopolist who faces the following inverse demand curve:
P = 100 - Q
The monopolist's marginal costs are constant and equal to 10, and its fixed costs are equal to 5.
Find the monopolist's profits.
a. 312.5
b. 125
c. 125.5
d. none of the above | None | null | null | null | null | null |
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