Mike owns a restaurant, and hires Alex to be the evening manager. Mike discovers the restaurant is running low on coffee, and tells Alex to go across the street to Terry’s Market to buy some more. As Alex departs, Mike calls Terry to tell him to expect Alex, and to charge the coffee to Mike’s account. Is Mike liable for the amount of the coffee purchase? Under which type of authority?

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows: