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Author Question: Molly Sharp is producing a documentary about the plight of the six-toed ferrets of Sri Lanka. Molly ... (Read 171 times)

penza

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on: Jun 29, 2018
Molly Sharp is producing a documentary about the plight of the six-toed ferrets of Sri Lanka. Molly has spent 125,000 of her own money on this project and the documentary is now complete.
 
  Molly just found out that no studio is willing to release her documentary and she must now shop it to cable television networks, where she knows she will not be able to recoup her investment. Which of the following statements regarding Molly Sharp's documentary is true?
  A) The 125,000 investment is an economic cost, and she will still make an accounting profit even if the television network willing to air her documentary pays her less than 125,000.
  B) She should not try to have her documentary aired on television because she cannot recoup her 125,000 investment.
  C) Since the 125,000 is a sunk cost, she should still try to have her documentary aired on television even though she will not see a profit.
  D) The 125,000 is a variable cost, so will not be incurred if she chooses not to have her documentary aired.

Question 2

Refer to Table 19-1. Suppose that a simple economy produces only four goods and services: sweatshirts, dental examinations, coffee drinks, and coffee beans. Assume all of the coffee beans are used in the production of the coffee drinks.
 
  Using the information in the above table, nominal GDP for this simple economy equals
  A) 3,090 units. B) 7,250. C) 8,750. D) 9,750.
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frre432

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penza

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
Wow, this really help

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