« previous next »

Author Question: Which of the following is an example of a sunk cost? A) The cost incurred in painting a new ... (Read 120 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?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol
Lilly Martin Spenser’s painting, Domestic Happiness (1844), reflects the change in attitudes toward Lilly Martin Spenser’s painting, Domestic Happiness (1844), reflects the change in attitudes toward
Wall painting with horses, Chauvet Cave, Vallon-Pont-d'Arc, Ardèche gorge, France. Wall painting with horses, Chauvet Cave, Vallon-Pont-d'Arc, Ardèche gorge, France.
Cost Savings with an EHR System Cost Savings with an EHR System
Cost of Laptops Cost of Laptops
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: Splitting of Sugar, Oxidation/ Reduction & ATP Generation

For a complete list of videos, visit our video library