The market equilibrium a. occurs only when consumer surplus exceeds producer surplus. b. minimizes the profit of the market because it guarantees that all mutually beneficial transactions will happen. c. maximizes the total surplus of the market because it guarantees that all mutually beneficial transactions will happen. d. is a short run phenomena that only happens when consumers and producers are in equilibrium.

Acollege career counselor working at a community college is part of what career area? a. administration b. professional support services c. teaching and training d. guidance counseling

You received to create an urgent presentation with predesigned and preinstalled elements. which option will you use?

On january 1, 2018, wetick optometrists leased diagnostic equipment from southern corp. which had purchased the equipment at a cost of $2,256,342. the lease agreement specifies six annual payments of $490,000 beginning january 1, 2018, the beginning of the lease, and at each december 31 thereafter through 2022. the six-year lease term ending december 31, 2023 (a year after the final payment), is equal to the estimated useful life of the equipment. the contract specifies that lease payments for each year will increase on the basis of the increase in the consumer price index for the year just ended. thus, the first payment will be $490,000, and the second and subsequent payments might be different. the cpi at the beginning of the lease is 120. southern routinely acquires diagnostic equipment for lease to other firms. the interest rate in these financing arrangements is 12%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) prepare the appropriate journal entries for wetick and southern to record the lease at its beginning.