Which is the best definition of the term economics?
a. the study of how governments can raise and spend tax money more efficiently
b. the study of how people choose to create and conserve scarce resources
c. the study of how people choose to distribute and use their scarce resources
d. the study of how corporations can increase opportunities and profits for their stockholders

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?