Gambling appeals to basic human instincts: the desire for wealth, fascination with random events and beliefs in luck. in moderation , gambling can be simple escapist fun . a lottery , however isa poor way to gamble. the best ,easure for any game of chance is it payout ratio; for every dollar put in, how much is paid back? states lotteries

Answer the following questions with true or false and provide a brief explanation (2- 3 sentences) a) economies of scale in production give rise to multi-product firms. b) ace hardware corporation is an example of economies of scale in production.

January budgeted selling and administrative expenses for the retail shoe store that craig shea plans to open on january 1, 2018, are as follows: sales commissions, $21,000; rent, $11,000; utilities, $4,900; depreciation, $3,200; and miscellaneous, $1,700. utilities are paid in the month after incurrence. other expenses are expected to be paid in cash in the month in which they are incurred. required determine the amount of budgeted cash payments for january selling and administrative expenses. determine the amount of utilities payable the store will report on the january 31 pro forma balance sheet. determine the amount of depreciation expense the store will report on the income statement for the year 2018, assuming that monthly depreciation remains the same for the entire year.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk