Joel and Matthew were college roommates who loved to fish. They decided to buy a bass fishing boat together and filled out a loan application as co-applicants. In the summer after their junior year, Joel dropped out of college, hitched the boat and trailer to his car and took off. They still owed $2,300 on the boat that was being paid off at the rate of $150 per month. If Joel stops paying his half of the loan and Matthew can't locate Joel, what happens to the loan?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions