During its first year of operations, mario lupo formed lupo company as a corporation and personally invested $15,000 in the business in exchange for common stock. lupo company also paid dividends of $2,000. the company earned $35,000 of revenues and incurred $23,000 of expenses. at the end of the year, the company's equity totaled:

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.