Haack inc. is a merchandising company. last month the company's cost of goods sold was $61,200. the company's beginning merchandise inventory was $12,400 and its ending merchandise inventory was $22,000. what was the total amount of the company's merchandise purchases for the month?
(a) $95,600
(b) $51,600
(c) $70,800
(d) $61,200

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.

In some markets, the government regulates the price of utilities so that they are not priced out of range of peoples ability to pay. this is a example a/an

Economic models a. are constructed to mirror reality as closely as possible, and in this respect economic models are no different from other scientific models. b. are constructed to mirror reality as closely as possible, and in this respect economic models are very different from other scientific models. c. are simplifications of reality, and in this respect economic models are no different from other scientific models. d. are simplifications of reality, and in this respect economic models are very different from other scientific models.