According to the law of demand, during a given period of time, the quantity of a good demandeda. increases as its price rises, ceteris paribus. b. increases as its price falls, ceteris paribus. c. decreases as its price falls, ceteris paribus. d. does not change when price changes.

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Which feature is a characteristic of a corporation?