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

Author Question: What is the difference between sunk costs and marginal costs?[br][br][b][color=#9E3EA8]Question ... (Read 31 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
What is the difference between sunk costs and marginal costs?

Question 2

According to neuroeconomists, the limbic portion of the brain called the amygdala is more primitive and deals with emotion.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Benayers

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

Sunk costs are incurred by an individual when a past decision cannot be changed or corrected. Such costs cannot be avoided. Marginal costs however, can be avoided if choices or decisions are changed.

Answer to Question 2

True


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
Excellent

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

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?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

(A) The name and shape of the adult teeth. These teeth represent those found in the right side of th (A) The name and shape of the adult teeth. These teeth represent those found in the right side of th
Terry Winters, Color and Information. Terry Winters, Color and Information.
Please solve this quadractic question Please solve this quadractic question
this is a math question this is a math question
economic question economic question
Position effect variegation of eye color in Drosophila Position effect variegation of eye color in Drosophila
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library