5. when increased raw material costs increase prices for consumers, the situation is known as inflation. a. monetary b. demand-pull c. cost-push d. law of supply 6. what's the term for the idea that there aren't enough resources to satisfy everyone's wants and needs? a. demand b. consumer c. scarcity d. supply 7. the states that more of an item will be purchased at a lower price than at a higher price. a. law of demand b. law of economics c. law of elasticity d. law of supply 8. what might cause a consumer to have an elastic demand for a product? a. the product isn't a necessity. b. the product was produced outside of the united states. c. the product is a necessity. d. the product is priced at $5. 9. consumer tastes or preferences would be most likely to have an effect on a. elasticity. b. the law of supply. c. demand. d. supply.

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b