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

Author Question: Which of the following is part of a firm's opportunity costs? I. wages II. utility costs III. ... (Read 119 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
Which of the following is part of a firm's opportunity costs? I. wages II. utility costs III. interest on a bank loan IV. interest forgone on funds used to buy capital equipment
 
  A) I and II
  B) III and IV
  C) I, II and III
  D) I, II, III and IV

Question 2

An example of a perfectly competitive firm is
 
  A) an oat farmer in the United States.
  B) the local cable TV company.
  C) a U.S. automobile producer.
  D) a big city newspaper.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


AEWBW

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Excellent

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Map These Genes (Part 3) Map These Genes (Part 3)
Mead analyzed taking the role of the other as an essential part of learning to be a full-fledged ... Mead analyzed taking the role of the other as an essential part of learning to be a full-fledged ...
Should We Prolong Life at all Costs? Should We Prolong Life at all Costs?
How to solve simple percent word problems (Part 1) How to solve simple percent word problems (Part 1)
Contrasting Colors (Part 1) Contrasting Colors (Part 1)
Question 37 Part 2 Question 37 Part 2
Video: Proteins Defined, Hierarchy & Composition of Cells

For a complete list of videos, visit our video library