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Author Question: You are at an all-you-can-eat-buffet. You feel almost full. However they just brought out your ... (Read 24 times)

a0266361136

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on: Jul 1, 2018
You are at an all-you-can-eat-buffet. You feel almost full. However they just brought out your favorite dessert and you can either choose to eat that or a helping of tapioca pudding. If you choose the cupcakes, the pudding would be your
 a. Opportunity cost
  b. Variable cost
 c. Fixed cost
 d. Sunk cost

Question 2

Firm A owns produces both toothpaste and toothbrushes. In order to increase profits the firm must
 a. Increase prices for both toothbrushes and toothpaste
 b. Decrease prices for both toothbrushes and toothpaste
 c. Increase prices on toothbrushes and increase the price on toothpaste
 d. Increase prices on toothbrushes but keep the price on toothpaste constant


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lcapri7

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


a0266361136

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  • Posts: 538
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

dantucker

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  • Posts: 346
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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