An expensive electronics store decides to raise the prices on all of its laptop computers. According to the law of demand, what outcome can the
electronics store expect?
A) more consumers will be interested in buying its laptops
B) the cost of buying laptops from its suppliers will go down
C) the cost of buying laptops from its suppliers will go up
D) fewer customers will be interested in buying laptops

Which term refers to the amount of products generated divided by the inputs necessary to create that output? a. performance b. industry ranking c. productivity d. organizational performance e. organizational effectiveness

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?