g A company has three stations, Station A, Station B and Station C, which carry out processing. The demand of tests is 46 per day, and utilizations of machines at stations A, B and C are 0.7, 0.4 and 0.6, respectively. Assuming all the other resources are available in abundance, what is the capacity of labs (in terms of number of tests the lab can process per day)

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.

When immigration adds to the size of the domestic labor pool, which of the following is likely to occur? a. wages decrease. b. productivity increases. c. consumption decreases. d. minimum wage increases.

Bruno's pizza restaurant makes full payment of $8,300 on an account payable to stella's cheese co. stella's would record this transaction with a