Bing inc.'s charter authorizes 500 shares of stock with no par value. bing inc. sells 100 shares of stock at its initial offering for $5 per share. the journal entry to record this transaction will include a (debit/credit) to common stock for

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.