1. notes and coins whose worth is determined and guaranteed by the state is termed ? a. Fiat money
b. gold standard
c. commodity money
d. money of intrinsic value

2. which of the following is part of the public sector of the economy?
a. a public corporation
b. a public company
c. a co-operative
d. a franchise

3. Notes and coins are a main form of money for all of the following reasons EXECPT
a. they are portable
b. they are durable
c. they are easily divisible
d. they will ensure maximum satisfaction of wants
e. other, if other state what it is

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?