Portman Company's activity for the first three months of 2016 are as follows: Machine Hours Electrical Cost January 1300 $4000 February 1800 $5000 March 2100 $5800 Using the high-low method, how much is the cost per machine hour?

Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

Which of the following is not an example of one of the four mail advantages of prices on a free market economy