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 157 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
:D TYSM

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« 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?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Map These Genes (Part 2) Map These Genes (Part 2)
Part B - Nondisjunction MasteringBiology Chapter 15 Part B - Nondisjunction MasteringBiology Chapter 15
How to find the definite integral using the fundamental theorem of calculus (Part 1) How to find the definite integral using the fundamental theorem of calculus (Part 1)
How to solve equations that contain cosine using special triangles (Part 1) How to solve equations that contain cosine using special triangles (Part 1)
Contrasting Colors (Part 1) Contrasting Colors (Part 1)
All human organ systems and their functions (Part 1) All human organ systems and their functions (Part 1)
Video: Heart sounds

For a complete list of videos, visit our video library