For a competitive market, a. a seller can always increase her profit by raising the price of her product. b. a single buyer can influence the price of the product but only when purchasing from several sellers in a short period of time. c. a seller often charges less than the going price to increase sales and profit. d. if a seller charges more than the going price, buyers will go elsewhere to make their purchases.

Job applications give employers uniform information for all employees,making it easier to

Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.