« previous next »

Author Question: Which of the following is an example of a sunk cost? A) The cost incurred in painting a new ... (Read 58 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
Which of the following is an example of a sunk cost?
 
  A) The cost incurred in painting a new office space
  B) The wage paid to workers in a mill
  C) The cost of raw materials used in a factory
  D) The cost of electricity used in the office

Question 2

If you withdraw currency from your checking account for cash, you are
 
  A) increasing M1, decreasing M2.
  B) increasing both M1 and M2.
  C) decreasing both M1 and M2.
  D) not affecting M1 or M2.
  E) increasing M1 but not affecting M2.


scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

EY67

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: Jun 29, 2018
Correct answers!


scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Body Painting - look closely Body Painting - look closely
Brice Marden, The Dylan Painting. Brice Marden, The Dylan Painting.
Rudy Burckhardt, Jackson Pollock painting No. 32, 1950. Rudy Burckhardt, Jackson Pollock painting No. 32, 1950.
Diagram of a section of a 15th-century oil painting Diagram of a section of a 15th-century oil painting
Shen Zhou, Poet on a Mountaintop, leaf from an album of landscapes, painting mounted as part of a ... Shen Zhou, Poet on a Mountaintop, leaf from an album of landscapes, painting mounted as part of a ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Kidney Stones

For a complete list of videos, visit our video library