Which of the following is an internal function of a business's accounting department? o a. coordinating accounts receivable b. coordinating accounts payability o c. administering employee payroll o d. managing credit and collections accounts

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.