A business owner paid cash for employee wages. This activity would be reported on the Statement of Cash Flows as a. as a subtraction under the operating activities section. b. an addition under the financing activities section. c. as a subtraction under the investing activities section. d. a subtraction under the financing activities section.

In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.