A market price above equilibrium will result in:

Joyce is laid off from her job with the heavy equipment manufacturer due to a decrease in the demand for heavy equipment caused by a recession. She searches for a job for five months and then is rehired by her old employer when the economy begins to recover. While Joyce was looking for work, she was:

An increase in the cost of production will cause reduction in supply.

Those born today in the United States can expect to live __________.

When Phyllis wakes up in the morning, she feels that she needs a boost to get her moving. She drinks a jumbo cup of coffee to get a caffeine “fix.” Here, Phyllis is using the coffee as __________.

The destitute and the emotionally disturbed living in the city are often referred to as the __________.

Fredericksen Corporation makes one product and has provided the following information:Budgeted sales, February                                         8,700 unitsRaw materials requirement per unit of output              6 poundsRaw materials cost                                                  $ 2.00 per poundDirect labor requirement per unit of output              2.9 direct labor-hoursDirect labor wage rate                                          $ 21.00 per direct labor-hourPredetermined overhead rate (all variable)         $ 10.00 per direct labor-hourVariable selling and administrative expense         $ 1.10 per unit soldFixed selling and administrative expense         $ 80,000 per monthThe estimated cost of goods sold for February is closest to:

How many areas are there in a city?

Governments may restrict free and competitive markets by:

Depasquale Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.41 direct labor-hours. The direct labor rate is $8.10 per direct labor-hour. The production budget calls for producing 5,000 units in May and 5,400 units in June. If the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would be the total combined direct labor cost for the two months?