In may 2005, a 1963 painting by andy warhol called liz was sold in new york for $12.6 million. 1.) using the line drawing tool, illustrate the supply curve that would be consistent with a price of $12.6 million. properly label this line. 2.) using the point drawing tool, identify the equilibrium price and quantity reflected by the intersection of the demand and supply curves you created. label this point 'e'. carefully follow the instructions above and only draw the required objects.

Which of the following best describes a fractional reserve banking system? a. a banking system in which a large portion of the bank's assets are digital money rather than bills and coins. b. a banking system in which banks keep a portion of deposits on hand to satisfy their customer's demands for withdrawals. c. a banking system in which banks have only partial control over the interest rates they charge on loans. d. a banking system in which net worth is calculated by subtracting a fraction of liabilities from assets. 2b2t

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.