> > Intermediate Accounting 15

Intermediate Accounting 15th Edition - Solutions by Chapter

Intermediate Accounting | 15th Edition | ISBN: 9781118147290 | Authors: Donald E. Kieso

Full solutions for Intermediate Accounting | 15th Edition

ISBN: 9781118147290

Intermediate Accounting | 15th Edition | ISBN: 9781118147290 | Authors: Donald E. Kieso

Intermediate Accounting | 15th Edition - Solutions by Chapter

The full step-by-step solution to problem in Intermediate Accounting were answered by , our top Business solution expert on 11/23/17, 05:08AM. Since problems from 24 chapters in Intermediate Accounting have been answered, more than 5682 students have viewed full step-by-step answer. Intermediate Accounting was written by and is associated to the ISBN: 9781118147290. This expansive textbook survival guide covers the following chapters: 24. This textbook survival guide was created for the textbook: Intermediate Accounting, edition: 15.

Key Business Terms and definitions covered in this textbook
  • accounting profit

    total revenue minus total explicit cost

  • average variable cost

    variable cost divided by the quantity of output

  • behavioral economics

    the subfield of economics that integrates the insights of psychology

  • complements

    two goods for which an increase in the price of one leads to a decrease in the demand for the other

  • constant returns to scale

    the property whereby long-run average total cost stays the same as the quantity of output changes

  • diversification

    the reduction of risk achieved by replacing a single risk with a large number of smaller, unrelated risks

  • efficient markets hypothesis

    the theory that asset prices reflect all publicly available information about the value of an asset

  • informational efficiency

    the description of asset prices that rationally reflect all available information

  • marginal change

    a small incremental adjustment to a plan of action

  • marginal product of labor

    the increase in the amount of output from an additional unit of labor

  • marginal tax rate

    the amount that taxes increase from an additional dollar of income

  • natural level of output

    the production of goods and services that an economy achieves in the long run when unemployment is at its normal rate

  • poverty rate

    the percentage of the population whose family income falls below an absolute level called the poverty line

  • principal

    a person for whom another person, called the agent, is performing some act

  • production possibilities frontier

    a graph that shows the combinations of output that the economy can possibly produce given the available factors of production and the available production technology

  • profit

    total revenue minus total cost

  • supply curve

    a graph of the relationship between the price of a good and the quantity supplied

  • tariff

    tax on goods produced abroad and sold domestically

  • total revenue (in a market)

    the amount paid by buyers and received by sellers of a good, computed as the price of the good times the quantity sold

  • world price

    the price of a good that prevails in the world market for that good

Log in to StudySoup
Get Full Access to Thousands of Study Materials at Your School

Forgot password? Reset password here

Join StudySoup for FREE
Get Full Access to Thousands of Study Materials at Your School
Join with Email
Already have an account? Login here
Reset your password

I don't want to reset my password

Need help? Contact support

Need an Account? Is not associated with an account
Sign up
We're here to help

Having trouble accessing your account? Let us help you, contact support at +1(510) 944-1054 or support@studysoup.com

Got it, thanks!
Password Reset Request Sent An email has been sent to the email address associated to your account. Follow the link in the email to reset your password. If you're having trouble finding our email please check your spam folder
Got it, thanks!
Already have an Account? Is already in use
Log in
Incorrect Password The password used to log in with this account is incorrect
Try Again

Forgot password? Reset it here