The likelihood that political forces will cause drastic changes in a country's business environment and adversely affect the potential for a company to make a profit is called a risk.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were: