Which of the following statements about Article 2 of the UCC is (are) correct? A. A sale is any transaction, however paid for, where title transfers from the seller to a buyer for a price. B. A contract for the purchase of an office building is governed by Article 2. C. A contract for the purchase of insurance is governed by Article 2. D. All of the above.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.