Uring a recession, which of the following is true? a. consumer staple stocks rise on expectations that consumers will continue to spend on necessities. b. financial stocks rise on expectations of increases in loan demand, housing constructions and security offerings. c. consumer durable stocks rise on expectations of rising consumer confidence and personal income. d. capital goods stocks rise on expectation of increases in business capital spending

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)