« previous next »

Author Question: The hidden-cost fallacy occurs when a. A firm considers irrelevant costs b. A firm ignores relevant ... (Read 60 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jul 1, 2018
The hidden-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

The pricing rule MR=MC holds for
 a. All firms
 b. Single product firms
 c. Multiple product firms
 d. None of the above


akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
Epiphyseal Usually occurs through the growth plate where the matrix is undergoing calcification and Epiphyseal Usually occurs through the growth plate where the matrix is undergoing calcification and
Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu
The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ... The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ...
Cost Accounting 14 Cost Accounting 14
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Bone cells and tissues - tissue composition and cells

For a complete list of videos, visit our video library