Titan Company is being sued for $200,000 and the attorney advises Titan that they will probably lose the lawsuit and is estimated Jones will pay the full amount of $200,000. Titan Company would need to record .

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned that an electric utility company is taking advantage of consumers with unfair pricing policies. which of the following policy options might most effectively enable the government to achieve its objectives in this situation? do nothing to all. turn the company into a public enterprise. use antitrust laws to increase competition. regulate the firm's pricing behavior.