Are there any areas of confusion from this module? Do you have lingering questions?  Or, have any comments?  I will compile commonly asked questions and email replies to the entire class.

Assume the price of a particular fine-point marker is $3.50. Henry purchases the marker for $3.50 but was willing to pay $5.00. Amy purchases the marker for $3.50 but was willing to pay $4.00. What is the total consumer surplus for Henry and Amy?

European presence in the colonies they conquered was initially motivated primarily by which of the following?

How much of the African continent was controlled by European nations at the end of the nineteenth century?

I am glad we are done with the first three chapters of our text and part of the fourth capter. 

The managers of an organization are responsible for performing four MAJOR TASKS. They are ________.

Company A wants to earn $5,000 profit in the month of January. If their fixed costs are $10,000 and their product has a per-unit contribution margin of $150, how many units must they sell to reach their target income?

A company’s contribution margin per unit is $25. If the company increases its activity level from 200 units to 300 units, how much will its total contribution margin increase?

The value of an item in Finished Inventory is the amount that is used when that item is sold and deducted as a credit from the Finished Goods Inventory and debited to what account??

A company wants to earn an income of $60,000 after-taxes. If the tax rate is 20%, what must be the company’s pre-tax income in order to have $60,000 after-taxes?