This topic contains a solution. Click here to go to the answer

Author Question: Tim's opportunity cost of selling his car is 20,000 . Rebecca, who is a likely buyer, values that ... (Read 62 times)

jake

  • Hero Member
  • *****
  • Posts: 538
Tim's opportunity cost of selling his car is 20,000 . Rebecca, who is a likely buyer, values that car at 25,000 . Calculate the economic value this transaction can create if Rebecca pays 23,500 for Tim's car.
 a. 1,500
  b. 5,000
  c. 3,500
  d. 2,000

Question 2

Fixed costs are costs paid for:
 a. medical reimbursements and health insurance of workers.
  b. obsolete plant and equipment not used anymore.
  c. plant and equipment in the long run.
  d. hiring temporary workers.
  e. resources that do not change with changes in output.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aham8f

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

e




jake

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Wow, this really help


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Excellent

 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library