« previous next »

Author Question: The fixed-cost fallacy occurs when a. A firm considers irrelevant costs b. A firm ignores relevant ... (Read 82 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
The fixed-cost fallacy occurs when
 a. A firm considers irrelevant costs
  b. A firm ignores relevant costs
  c. A firm considers overhead or depreciation costs to make short-run decisions
  d. Both a and c

Question 2

Holding other things constant, increases in the price level in the US will
 a. Cause the dollar to appreciate
 b. Cause the dollar to depreciate
 c. Does not affect the dollar value
  d. None of the above


otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Diesel combustion occurs when fuel is injected into the hot, highly compressed air in the cylinder. Diesel combustion occurs when fuel is injected into the hot, highly compressed air in the cylinder.
Chlamydospore or spherule that occurs at body temperature. Chlamydospore or spherule that occurs at body temperature.
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Deglutition

For a complete list of videos, visit our video library