A company is expanding and has already signed a lease on new office space that costs 10,000 per
month. The company also needs a new information system and hired a consultant to recommend
new software.
The consultant was paid 5,000 for her recommendation. Now the company is trying
to make a choice between three competing software products. In the capital budgeting decision to
purchase new software, the monthly rent for the office space is ________ and the consultant's fee is
________.
A) a sunk cost; a sunk cost
B) a sunk cost; a part of the initial outlay
C) an opportunity cost; a sunk cost
D) incremental cash outflow; an opportunity cost
Question 2
Wall Street Week is a weekly publication of the editors of The Wall Street Journal.
Indicate whether the statement is true or false
Much of the dark space between stars, as seen in the sky of the image above, is due to the human eye
Lunokhod 1 (lit. moonwalker), the first successful space rover.
Harvey Milk was the first openly gay candidate to be elected to office in California.
A typical reception area in a medical office.
Contested Space: Exclaves
Tickets for the school play were $3 for students and $5 for all others. The box office sold 750 ...