Jennifer believes that the price of sugar is too low and that the price will rise within the next calendar quarter. If she wishes to trade based on her belief she should: Select one: a. Take a long position in the futures market. b. Take a long spot position and a short futures position. c. Sell sugar in the spot market and take a long position in the futures market. d. Take a short position in the futures market. e. Sell sugar in the spot market.

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.

Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.