This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A firm's opportunity costs of using resources provided by the firm's owners are called a. sunk ... (Read 88 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 30, 2018
A firm's opportunity costs of using resources provided by the firm's owners are called
 a. sunk costs
  b. fixed costs
  c. explicit costs
  d. implicit costs
  e. entrepreneurial costs

Question 2

Cash payments for steel to be used in production would be an example of
 a. sunk costs
  b. fixed costs
  c. explicit costs
  d. implicit costs
  e. entrepreneurial costs


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


bobbie

  • Member
  • Posts: 592
Reply 2 on: Jun 30, 2018
Excellent

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Cnidarians have specialized stinging cells called cnidocytes Cnidarians have specialized stinging cells called cnidocytes
Bay (left) and chestnut (sometimes called "sorrel") are two of the most common coat colors Bay (left) and chestnut (sometimes called "sorrel") are two of the most common coat colors
Mining Mineral Resources Mining Mineral Resources
Children with disabilities used to be sent to special schools. In a process called mainstreaming or ... Children with disabilities used to be sent to special schools. In a process called mainstreaming or ...
Selective Resources for Pharmacology Selective Resources for Pharmacology
Energy Resources range from inexhaustible to nonrenewable Energy Resources range from inexhaustible to nonrenewable
Video: B cells and antibodies

For a complete list of videos, visit our video library