Each member of a cartel A. is operating illegally in every country in which it is doing business. B. agrees to produce output lower than it would if it were acting independently. C. sets output independently of the impact on other members. D. makes less money than it otherwise would.

Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36

What are six resources for you decide which type of business to start and how to start it?

Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?