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  All of the following are characteristics of perfect competition EXCEPT  

What is the understood operation in these four separate expressions?   xy   or   2n   or   3(x – 4)   or   (x + 5)(x + 6)?

When drought hits California, which produces nearly all the almonds sold in the United States, the price of almonds rises because the

All Revenue accounts have a normal credit balance. 

All fixed assets will have a related accumulated depreciation account except

Assets will always equal liabilities plus owner’s equity.

Most times, but not always, when you see the word “expense” in an account’s name, that account will be an expense. 

  Firms in every market structure  

  Fiat money is money that  

  When the government increases spending or decreases taxes to stimulate the economy and to increase real gross domestic product, the government is determining __________ policy.