Andrea apple opened apple photography on january 1 of the current year. during january, the following transactions occurred and were recorded in the company's books: andrea invested $15,400 cash in the business in exchange for common stock. andrea contributed $39,000 of photography equipment to the business in exchange for common stock. the company paid $4,000 cash for office furniture. the company received $7,600 cash for services provided during january. the company purchased $8,100 of office equipment on credit. the company provided $4,650 of services to customers on account. the company paid cash of $3,400 for monthly rent. the company paid $5,000 on the office equipment purchased in transaction #5 above. paid $465 cash for january utilities. based on this information, the amount reported as total stockholders’ equity on the balance sheet at month-end would be

Consider the local telephone company, a natural monopoly. the following graph shows the monthly demand curve for phone services and the company’s marginal revenue (mr), marginal cost (mc), and average total cost (atc) curves. 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (thousands of subscriptions) d mr mc atc 8, 60 suppose that the government has decided not to regulate this industry, and the firm is free to maximize profits, without constraints. complete the first row of the following table. pricing mechanism short run long-run decision quantity price profit (subscriptions) (dollars per subscription) profit maximization marginal-cost pricing average-cost pricing suppose that the government forces the monopolist to set the price equal to marginal cost. complete the second row of the previous table. suppose that the government forces the monopolist to set the price equal to average total cost. complete the third row of the previous table. under average-cost pricing, the government will raise the price of output whenever a firm’s costs increase, and lower the price whenever a firm’s costs decrease. over time, under the average-cost pricing policy, what will the local telephone company most likely do

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

What is the difference between secure bonds and naked bonds?