Based on this model, households earn income when (firms /households) purchase (resources/goods and services) in resource markets.
suppose becky earns $650 per week working as an analyst for a-plus accountants. she uses $10 to order a mojito cocktail at little havana. little havana pays alex $250 per week to wait tables. alex uses $250 to purchase tax services from a-plus accountants.
identify whether each of the following events in this scenario occurs in the resource market or the product market.
1.alex earns $250 per week working for little havana. (resource market / product market)
2. becky spends $10 to order a mojito cocktail. (resource market / product market)
3. becky earns $650 per week working for a-plus accountants. (resource market / product market)
which of the elements of this scenario represent a flow from a household to a firm? this could be a flow of dollars, inputs, or outputs. check all that apply.
a. the mojito becky receives
b. the $250 alex spends to purchase tax services from a-plus accountants
c. the $250 per week alex earns working for little havana
d. becky's labor

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396