Jack had only $2, but he needed $3 for his cab fare home. He went to a pawn shop and pawned his $2 for $1.50. Jack then bumped into Don and told him that he would sell him his $2 pawn ticket for $1.50. Don agreed. Jack started out with $2 and he ended up with $3. Who is out the extra dollar and why? -Riddles

Jack had only $2, but he needed $3 for his cab fare home. He went to a pawn shop and pawned his $2 for $1.50. Jack then bumped into Don and told him that he would sell him his $2 pawn ticket for $1.50. Don agreed. Jack started out with $2 and he ended up with $3. Who is out the extra dollar and why? -Riddles
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1 Answer

Answer :

Don is out the extra dollar. Before the pawn broker will return the $2 to the ticket holder, he will want the $1.50 which he advanced returned to him. Don will give the pawn broker the ticket and the $1.50, and the pawn broker will then return the $2.
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Related questions

3 men go into a motel. The man behind the desk said the room is $30, so each man paid $10 and went to the room. A while later the man behind thedesk realized the room wasonly $25, so he sent the bellboy to the 3 guys' room with $5. on the way the bellboy couldn't figure out how to split$5 evenly between 3 men, so he gave each man a $1 and kept the other $2 for himself. This meant that the 3 men each paid $9 for the room, whichis a total of $27, add the $2 that the bellboy kept = $29. where is the other dollar? -Riddles

Description : 3 men go into a motel. The man behind the desk said the room is $30, so each man paid $10 and went to the room. A while later the man behind thedesk realized the room wasonly $25, so he sent the ... whichis a total of $27, add the $2 that the bellboy kept = $29. where is the other dollar? -Riddles

Last Answer : The three men HAVE paid $27. But the bellboy's $2 are part of it. The hotel has $25 of the men's dollars. The bellboy has the other two. That's $27, and the three the men have make $30. The ... elsewhere on riddles.com, but the answer given was 'I don't know'! So I figured it out and posted it.

Ben walked into a hardware store and asked the price of some items. The salesman said: One costs $1, Eight costs $1, Seventeen cost $2, One hundred four costs $3 and One thousand seventy two costs $4. What was Ben buying? -Riddles

Description : Ben walked into a hardware store and asked the price of some items. The salesman said: One costs $1, Eight costs $1, Seventeen cost $2, One hundred four costs $3 and One thousand seventy two costs $4. What was Ben buying? -Riddles

Last Answer : Ben was buying home address numbers and they cost $1 per digit.

If you can buy 1 for $1, 14 for $2, and 145 for $3, what are you buying? -Riddles

Description : If you can buy 1 for $1, 14 for $2, and 145 for $3, what are you buying? -Riddles

Last Answer : House numbers

If someone says to you, 'I'll bet you $1 that if you give me $2, I will give you $3 in return', would this be a good bet for you to accept? -Riddles

Description : If someone says to you, 'I'll bet you $1 that if you give me $2, I will give you $3 in return', would this be a good bet for you to accept? -Riddles

Last Answer : No. This is a situation where you lose even if you win. Assuming the other person is being wise, they would take your $2 and say, 'I lose', and give you $1 in return. You win the bet, but you're out $1.

A man went to a party. There was a bartender at the party, and while the man was recieving his drink, the bartender said,” I bet $50 I can write your exact age on this slip of paper.” Since the first man had never met this man before, he agreed. In the end he ended up paying the bartender $50. What did the bartender write? -Riddles

Description : A man went to a party. There was a bartender at the party, and while the man was recieving his drink, the bartender said, I bet $50 I can write your exact age on this slip of paper. Since ... before, he agreed. In the end he ended up paying the bartender $50. What did the bartender write? -Riddles

Last Answer : “Your exact age”.

David is throwing Robert a surprise birthday party but he has to stay within his budget. He spent half of his money plus $2.00 on the cake. Half of what he had left plus $2.00 was spent on balloons and streamers. Then he spent half of what he had left plus $1.00 on candy. Now he is out of money, how much did he start with? -Riddles

Description : David is throwing Robert a surprise birthday party but he has to stay within his budget. He spent half of his money plus $2.00 on the cake. Half of what he had left plus $2.00 was spent on balloons and ... had left plus $1.00 on candy. Now he is out of money, how much did he start with? -Riddles

Last Answer : This one is best solved working backwards, the last part David spent half of what was left plus $1.00 on candy and then was out of money. That means he must have spent $2.00 on Candy as $1.00 was ... logic backwards: $2.00 on candy $6.00 on Balloons and Streamers $12.00 on the cake Total of $20.00.

Diminishing returns for a single year on TQM budgets become noticeable at a. $3.0M. b. $1.5M. c. $2.0M. d. $5.0M. e. $1.0M.

Description : Diminishing returns for a single year on TQM budgets become noticeable at a. $3.0M. b. $1.5M. c. $2.0M. d. $5.0M. e. $1.0M.

Last Answer : c. $2.0M.

A man phoned his daughter to ask her to buy a few things he needed for a trip. He told her she would find enough dollar bills for the purchase in an envolope on his desk. She found the note with 98 written on it.In the store she bought $90 dollars worth of things, but when it was time to pay she not only did have $8 left over but she was short.By how much and why? -Riddles

Description : A man phoned his daughter to ask her to buy a few things he needed for a trip. He told her she would find enough dollar bills for the purchase in an envolope on his desk. She found the note with 98 ... time to pay she not only did have $8 left over but she was short.By how much and why? -Riddles

Last Answer : (A). $4. She had read 86 upside down. (B). Turn 9 upside down and exchange it with the 8. Both columms will add to 18.

Tara has $29.00 dollars. She bought 4 coloring books that cost $3.00 each, 4 boxes of crayola crayons that cost $2.00 each. She spend the rest of her money on markers.How much money did she spend on markers -Riddles

Description : Tara has $29.00 dollars. She bought 4 coloring books that cost $3.00 each, 4 boxes of crayola crayons that cost $2.00 each. She spend the rest of her money on markers.How much money did she spend on markers -Riddles

Last Answer : $9.00 on markers

One morning a man is leaving on business trip and finds he left some paperwork at his office. He runs into his office to get it and the night watchman stops him and says, 'Sir, don't get on the plane. I had a dream last night that the plane would crash and everyone would die!' The man takes his word and cancels his trip. Sure enough, the plane crashes and everyone dies. The next morning the man gives the watchman a $1,000 reward for saving his life and then fires him. Why did he fire the watchman that saved his life? -Riddles

Description : One morning a man is leaving on business trip and finds he left some paperwork at his office. He runs into his office to get it and the night watchman stops him and says, 'Sir, don't get on the ... for saving his life and then fires him. Why did he fire the watchman that saved his life? -Riddles

Last Answer : He was fired for sleeping on the job!

A young girl, Violet by name, was visiting with a group of her schoolmates at a friend’s house. The air was filled with the noise of loud conversations, when an older woman called out for silence. She then asked one of the girls in attendance to remove something from a black bag she was holding. The older woman then announced, “Violet, you have the honor of being first!” Violet was then ushered to the center of the room where the older woman pushed a body part of an animal into Violet’s hand. Suddenly, everything went dark for the young girl. Violet began to feel dizzy, and felt someone’s hands on her. She then felt a slight push. As Violet staggered forward in the darkness, the loud chanting and shouting increased around her. Finally, Violet’s hand bumped into something which, when the da

Description : A young girl, Violet by name, was visiting with a group of her schoolmates at a friend's house. The air was filled with the noise of loud conversations, when an older woman called out for ... and shouting increased around her. Finally, Violet's hand bumped into something which, when the da -Riddles

Last Answer : Violet was at a birthday party, and was selected to be first in the Pin the Tail on the Donkey game they were playing. She was successful in pinning the tail just where it belonged. The body part of the animal was, of course, the donkey’s tail.

One day, a father went to his three sons and told them that he would die soon and he needed to decide which one of them to give his property to. He decided to give them all a test... -Riddles

Description : One day, a father went to his three sons and told them that he would die soon and he needed to decide which one of them to give his property to. He decided to give them all a test... -Riddles

Last Answer : The son had showed his father a match. When he lit the match, it filled the entire room, yet it was still small enough to fit inside his pocket.

An officer wishing to arrange his men in a solid square found by his first arrangement that he had 39 men left over. He then started increasing the number of men on a side by one, but found that 50 additional men would be needed to complete a new square.How many men did the officer have? -Riddles

Description : An officer wishing to arrange his men in a solid square found by his first arrangement that he had 39 men left over. He then started increasing the number of men on a side by one, but found that 50 additional men would be needed to complete a new square.How many men did the officer have? -Riddles

Last Answer : The officer had 1975 men. When he formed a square measuring 44 by 44, he had 39 men over. When he tried to form a square 45 x 45, he was 50 men short.

A man told his son that he would give him $1000 if he could accomplish the following task. The father gave his son ten envelopes and a thousand dollars, all in one dollar bills. He told his son, 'Place the money in the envelopes in such a manner that no matter what number of dollars I ask for, you can give me one or more of the envelopes, containing the exact amount I asked for without having to open any of the envelopes. If you can do this, you will keep the $1000.' When the father asked for a sum of money, the son was able to give him envelopes containing the exact amount of money asked for. How did the son distribute the money among the ten envelopes? -Riddles

Description : A man told his son that he would give him $1000 if he could accomplish the following task. The father gave his son ten envelopes and a thousand dollars, all in one dollar bills. He told his ... exact amount of money asked for. How did the son distribute the money among the ten envelopes? -Riddles

Last Answer : The contents or the ten envelopes (in dollar bills) should be as follows: $1, 2, 4, 8, 16, 32, 64, 128, 256, 489. The first nine numbers are in geometrical progression, and their sum, deducted from 1,000, gives the contents of the tenth envelope.

Two fathers and three sons walk into a candy shop and buy one candy bar each for 50 cents each. They walk out only spending $1.50. How do they do that? -Riddles

Description : Two fathers and three sons walk into a candy shop and buy one candy bar each for 50 cents each. They walk out only spending $1.50. How do they do that? -Riddles

Last Answer : There is a grandfather a father and son of grand father and fathers son.

Tara has $30.00 dollars. She bought 5 coloring books that cost $3.00 each, 4 boxes of Crayola crayons that cost $2.00 each. She spends the rest of her money on markers. How much money did she spend on markers?

Description : Tara has $30.00 dollars. She bought 5 coloring books that cost $3.00 each, 4 boxes of Crayola crayons that cost $2.00 each. She spends the rest of her money on markers. How much money did she spend on markers?

Last Answer : A: She spent $7 on markers.

A man ordered a length of rope by telephone from his nearest hardware shop. But when he went to collect the rope, he found that the assistant had miswritten the order by interchanging feet and inches. As a result of this, the rope was only 30 percent of the length that the man wanted. What length did he want and what length did he get? -Riddles

Description : A man ordered a length of rope by telephone from his nearest hardware shop. But when he went to collect the rope, he found that the assistant had miswritten the order by interchanging feet and inches. As ... the length that the man wanted. What length did he want and what length did he get? -Riddles

Last Answer : The man ordered 9 feet 2 inches of rope, and got 2 feet 9 inches.

A boy was at a carnival and went to a booth where a man said to the boy, 'If I write your exact weight on this piece of paper then you have to give me $50, but if I cannot, I will pay you $50.' The boy looked around and saw no scale so he agrees, thinking no matter what the carny writes he'll just say he weighs more or less. In the end the boy ended up paying the man $50.How did the man win the bet? -Riddles

Description : A boy was at a carnival and went to a booth where a man said to the boy, 'If I write your exact weight on this piece of paper then you have to give me $50, but if I cannot, I will pay you $50.' ... more or less. In the end the boy ended up paying the man $50.How did the man win the bet? -Riddles

Last Answer : The man did exactly as he said he would and wrote 'your exact weight' on the paper

A boy was at a carnival and went to a booth where a man said to the boy, 'If I write your exact weight on this piece of paper then you have to give me $50, but if I cannot, I will pay you $50.' The boy looked around and saw no scale so he agrees, thinking no matter what the carny writes he'll just say he weighs more or less. In the end the boy ended up paying the man $50. How did the man win the bet? -Riddles

Description : A boy was at a carnival and went to a booth where a man said to the boy, 'If I write your exact weight on this piece of paper then you have to give me $50, but if I cannot, I will pay you $50.' ... more or less. In the end the boy ended up paying the man $50. How did the man win the bet? -Riddles

Last Answer : The man did exactly as he said he would and wrote 'your exact weight' on the paper.

A boy was at a carnival and went to a booth where a man said to the boy, 'If I write your exact weight on this piece of paper then you have to give me $50, but if I cannot, I will pay you $50.' The boy looked around and saw no scale so he agrees, thinking no matter what the carny writes he'll just say he weighs more or less. In the end the boy ended up paying the man $50. How did the man win the bet? -Riddles

Description : A boy was at a carnival and went to a booth where a man said to the boy, 'If I write your exact weight on this piece of paper then you have to give me $50, but if I cannot, I will pay you $50.' ... more or less. In the end the boy ended up paying the man $50. How did the man win the bet? -Riddles

Last Answer : The man did exactly as he said he would and wrote 'your exact weight' on the paper.

A kid forgot to do his homework. For the home work, he had to draw a goat on grass. When he was in class the teacher found out that he didn't finish it. The boy was smart. He said that he did and he proved it to the teacher. Then the teacher agreed and said that he finished it in an unexpected way. What did the boy say to the teacher? -Riddles

Description : A kid forgot to do his homework. For the home work, he had to draw a goat on grass. When he was in class the teacher found out that he didn't finish it. The boy was smart. He said that ... agreed and said that he finished it in an unexpected way. What did the boy say to the teacher? -Riddles

Last Answer : He said: I finished it. You see, there is a goat. Goats eat grass so the goat in my picture ate the grass. Now the grass is gone. But since there is no more grass left, the goat went somewhere else to find more grass to eat. That’s why the homework is blank.

Stanley loved fishing and also loved boasting about how an amazing person he is. One day he went into a bar after fishing, and started telling people in the bar about something that just happened. 'So I was fishing by the waters, really nice breeze, and suddenly there was this person who creeped from behind and wanted to stab me in the stomach. Because I'm so good in Kung Fu, I turned back and WHAM! I slapped him in the face!' Everyone enjoyed the rest of the story when one person asked him: 'You're lying, Stan, are you?' How did the man knew that Stanley was lying? -Riddles

Description : Stanley loved fishing and also loved boasting about how an amazing person he is. One day he went into a bar after fishing, and started telling people in the bar about something that just happened. 'So I was ... : 'You're lying, Stan, are you?' How did the man knew that Stanley was lying? -Riddles

Last Answer : How can the man stab Stanley in the stomach if he's creeping up from BEHIND?

Segment price ranges drop _____ per year. a. $1.00 b. $0.60 c. $0.90 d. $0.50 e. $2.00

Description : Segment price ranges drop _____ per year. a. $1.00 b. $0.60 c. $0.90 d. $0.50 e. $2.00

Last Answer : d. $0.50

There once was an evil wizard. He took 3 woman from their homes and turned them into rose bushes that looked exactly alike. He put them in his garden. One of the woman had a husband and children and begged the wizard to let her see them. He agreed. At night, he brought the woman to her house. In the morning he came and took her home. One day the husband decided to go rescue her. So he snuck into the wizard's garden. He looked and looked at the 3 identical rose bushes trying to figure out which could be his wife. Suddenly, he knew the answer and he took his wife home. How did he know which rose bush was his wife? -Riddles

Description : There once was an evil wizard. He took 3 woman from their homes and turned them into rose bushes that looked exactly alike. He put them in his garden. One of the woman had a husband and children and ... the answer and he took his wife home. How did he know which rose bush was his wife? -Riddles

Last Answer : The wizard brought the rosebush to her home at night and returned her to the garden in the morning. Therefore, she was the only plant without dew.

An employee of a store went up to his manager and said, 'can I go to Paris for a week'? 'Yes,' said the manager 'but remember to show me a picture of you at Paris' 'yes sir,' said the employee. The next day the employee showed him a picture of him in Paris, he saw a clock a big tv and him on the couch. Right away he knew that he had lied. How did he know? -Riddles

Description : An employee of a store went up to his manager and said, 'can I go to Paris for a week'? 'Yes,' said the manager 'but remember to show me a picture of you at Paris' 'yes sir,' said the employee. ... clock a big tv and him on the couch. Right away he knew that he had lied. How did he know? -Riddles

Last Answer : The clock was showing the same time as the clock that was sitting on the manager's wall.

A man is late for an appointment and, in his haste, takes a corner so fast that only two wheels were on the pavement. A police man is standing on the corner, but he did not give him a ticket. Why? -Riddles

Description : A man is late for an appointment and, in his haste, takes a corner so fast that only two wheels were on the pavement. A police man is standing on the corner, but he did not give him a ticket. Why? -Riddles

Last Answer : He was on a motorcycle.

If the price/product is $10 and the material cost/product is $2 and the labor cost/product is $3, what is the gross margin/product? a. $6 b. $2 c. $4 d. $3 e. none of the above

Description : If the price/product is $10 and the material cost/product is $2 and the labor cost/product is $3, what is the gross margin/product? a. $6 b. $2 c. $4 d. $3 e. none of the above

Last Answer : e. none of the above

Marcy ordered one cheeseburger, a large fry, a milkshake for herself and one for a friend. How much does she owe? A. $3.75. B. $2.90. C. $4.25. D. $4.00.

Description : Marcy ordered one cheeseburger, a large fry, a milkshake for herself and one for a friend. How much does she owe? A. $3.75. B. $2.90. C. $4.25. D. $4.00.

Last Answer : D. $4.00.

A willingness to accept a raise of $2 an hour rather than $3, to acknowledge partial agreement with a specific viewpoint, and to take a partial blame for an infraction are examples of: (a) avoiding. (b) collaborating. (c) accommodating. (d) compromising.

Description : A willingness to accept a raise of $2 an hour rather than $3, to acknowledge partial agreement with a specific viewpoint, and to take a partial blame for an infraction are examples of: (a) avoiding. (b) collaborating. (c) accommodating. (d) compromising.

Last Answer : (d) compromising. 

On October 4, 2008, Terry Corporation had credit sales transactions of $2,800 from merchandise having cost $1,900. The entries to record the day's credit transactions include a a. debit of $2,800 to Merchandise Inventory. b. credit of $2,800 to Sales. c. debit of $1,900 to Merchandise Inventory. d. credit of $1,900 to Cost of Goods Sold.

Description : On October 4, 2008, Terry Corporation had credit sales transactions of $2,800 from merchandise having cost $1,900. The entries to record the day's credit transactions include a a. debit of $2,800 to ... c. debit of $1,900 to Merchandise Inventory. d. credit of $1,900 to Cost of Goods Sold.

Last Answer : b. credit of $2,800 to Sales.

At the beginning of the year, Midtown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Midtown Athletic reported ending inventory of $600,000 and sales of $2,000,000, the company’s cost of goods sold and gross profit rate must be a. $1,000,000 and 50%. b. $1,400,000 and 30%. c. $1,000,000 and 30%.

Description : At the beginning of the year, Midtown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Midtown Athletic reported ending inventory of $600,000 and sales of $2,000,000 ... a. $1,000,000 and 50%. b. $1,400,000 and 30%. c. $1,000,000 and 30%.

Last Answer : b. $1,400,000 and 30%.

How much can I get from a pawn shop to sell a $50 gold coin?

Description : How much can I get from a pawn shop to sell a $50 gold coin?

Last Answer : answer:What sort of coin? I used to work for a company that marketed collectible coins. I might be able to give some advice that will keep you out of the pawn shop. They are designed to rip you off.

A logician with some time to kill in a small town decided to get a haircut. The town had only two barbers, each with his own shop. The logician glanced into one shop and saw that it was extremely untidy. The barber needed a shave, his clothes were unkempt, his hair was badly cut. The other shop was extremely neat. The barber was freshly shaved and spotlessly dressed, his hair neatly trimmed. Why did the logician return to the first shop for his haircut? -Riddles

Description : A logician with some time to kill in a small town decided to get a haircut. The town had only two barbers, each with his own shop. The logician glanced into one shop and saw that it was ... dressed, his hair neatly trimmed. Why did the logician return to the first shop for his haircut? -Riddles

Last Answer : Each barber must have cut the other's hair. The logician picked the barber who had given his rival the better haircut.

My little circle of friends here, getting bumped off one-by-one, reminds me of Agatha Christie's famous murder mystery 'Ten Little Indians', where a small group of people are knocked off, one at a time, until only the killer and one person is left. The main difference is that in Christie's novel, the last survivor was to die by hanging, but in my situation, the sole survivor will be given 'The Chair'! Should this person call the police? Is there a life-and-death scenario going on here, or is everyone's safety assured? What exactly is happening? -Riddles

Description : My little circle of friends here, getting bumped off one-by-one, reminds me of Agatha Christie's famous murder mystery 'Ten Little Indians', where a small group of people are knocked off, one ... and-death scenario going on here, or is everyone's safety assured? What exactly is happening? -Riddles

Last Answer : The person, along with a small group of their friends, is engaged in a game of Musical Chairs. 'The Chair' is always reserved for the last person left.

If `33(1)/(3)%` of an AC ticket fare is equal to `66(2)/(3)%` of a non-AC ticket fare, then what percentage of AC ticket fare is equal to non-AC ticke

Description : If `33(1)/(3)%` of an AC ticket fare is equal to `66(2)/(3)%` of a non-AC ticket fare, then what percentage of AC ticket fare is equal to non-AC ticke

Last Answer : If `33(1)/(3)%` of an AC ticket fare is equal to `66(2)/(3)%` of a non-AC ticket ... percentage of AC ticket fare is equal to non-AC ticket fare ?

A man decided to go for a walk. He made numerous stops during his stroll, hoping to hear some good news each time he stopped. Despite his usual excellent sense of direction, he realized he had been walking in circles. He was certain of this, as he noticed his favorite number 8 kept reappearing before his eyes. After continuing his walk for a long time, he finally received the good news he had been hoping for; and he then returned home, a little poorer than when he had started, but glad to be leaving with the sweet love of his life. What was going on in this bizarre-sounding narrative, and who/what was the sweet love of his life which was mentioned? -Riddles

Description : A man decided to go for a walk. He made numerous stops during his stroll, hoping to hear some good news each time he stopped. Despite his usual excellent sense of direction, he realized he had ... bizarre-sounding narrative, and who/what was the sweet love of his life which was mentioned? -Riddles

Last Answer : The man gave a monetary donation to participate in a cake walk. Eventually, his number was called for the space he was standing on, and he went home with the dessert he truly loved ———— a beautiful cake!

Business owners who gross $1 to $3 mil: what's important to you?

Description : Business owners who gross $1 to $3 mil: what's important to you?

Last Answer : I’m not sure there’s going to be alot of answers for this question. However, I’d still love to fantasize about getting anywhere near 1mil.

If your company has a sales budget of $3 million and drops it to zero, a. accessibility drops by $1 million every year. b. awareness drops to zero. c. accessibility drops to 0% in three years. d. sales will drop to zero. e. all of the above.

Description : If your company has a sales budget of $3 million and drops it to zero, a. accessibility drops by $1 million every year. b. awareness drops to zero. c. accessibility drops to 0% in three years. d. sales will drop to zero. e. all of the above.

Last Answer : c. accessibility drops to 0% in three years.

Theres a boy and his dad they got in a severe car accident. They were rushed to the hospital where they were separated into separate rooms. The Doctor went into the boys room and said I can not operate on him he is my son.How can this be? -Riddles

Description : Theres a boy and his dad they got in a severe car accident. They were rushed to the hospital where they were separated into separate rooms. The Doctor went into the boys room and said I can not operate on him he is my son.How can this be? -Riddles

Last Answer : The Doctor was the son's mom.

A man goes into a hardware store. He asks the clerk 'How much is 6?' Which the clerk responds with '6 is $0.50.' 'How much is 60?' The man asks. '$1.00.' Answers the clerk. 'Okay, I will take 600.' Says the man. 'That will be $1.50, please!' Says the clerk. The man pays and leaves. What did the man buy? -Riddles

Description : A man goes into a hardware store. He asks the clerk 'How much is 6?' Which the clerk responds with '6 is $0.50.' 'How much is 60?' The man asks. '$1.00.' Answers the clerk. 'Okay, I will take ... . 'That will be $1.50, please!' Says the clerk. The man pays and leaves. What did the man buy? -Riddles

Last Answer : He bought house numbers! Each number is $0.50!

Does $1 ketchup (that used to cost $2.42) make you feel better?

Description : Does $1 ketchup (that used to cost $2.42) make you feel better?

Last Answer : It's a marketing ploy on the part of Walmart so they can herald the fact that they roll back prices. Of course, the items they roll back prices on are not the stuff consumers will get out ... that most people have will raise their margins ahead of the loss from the price leader items they advertise.

6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment spending is $2000. In order to avoid recessions and inflation (to have equilibrium), the government should have a: a. balanced budget b. budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Last Answer : c. budget surplus of $1000

Holt Company sells merchandise on account for $2,000 to Jones Company with credit terms of 2/10, n/30. Jones Company returns $400 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? a. $1,960 b. $1,968 c. $1,600 d. $1,568

Description : Holt Company sells merchandise on account for $2,000 to Jones Company with credit terms of 2/10, n/30. Jones Company returns $400 of merchandise that was damaged, along with a check to settle the account within the discount ... the amount of the check? a. $1,960 b. $1,968 c. $1,600 d. $1,568

Last Answer : d. $1,568

What is the total cost in dollars for adding 1.0 million units of capacity to a production line with an automation level of 1.0 and floor space costs per unit of $6? Assume automation costs per unit of $4. a. $26 million b. $10 million c. $2.6 million d. $1 million e. none of the above

Description : What is the total cost in dollars for adding 1.0 million units of capacity to a production line with an automation level of 1.0 and floor space costs per unit of $6? Assume automation costs per unit of $4. a. $26 million b. $10 million c. $2.6 million d. $1 million e. none of the above

Last Answer : b. $10 million

A magician was boasting one day at how long he could hold his breath under water. His record was 6 minutes. A kid that was listening said, 'that's nothing, I can stay under water for 10 minutes using no types of equipment or air pockets!' The magician told the kid if he could do that, he'd give him $10,000. The kid did it and won the money.Can you figure out how? -Riddles

Description : A magician was boasting one day at how long he could hold his breath under water. His record was 6 minutes. A kid that was listening said, 'that's nothing, I can stay under water for 10 minutes using no ... he'd give him $10,000. The kid did it and won the money.Can you figure out how? -Riddles

Last Answer : The kid filled a glass of water and held it over his head for 10 minutes.