« previous next »

Author Question: Which of the following is an example of a sunk cost? A) The cost incurred in painting a new ... (Read 104 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
Which of the following is an example of a sunk cost?
 
  A) The cost incurred in painting a new office space
  B) The wage paid to workers in a mill
  C) The cost of raw materials used in a factory
  D) The cost of electricity used in the office

Question 2

If you withdraw currency from your checking account for cash, you are
 
  A) increasing M1, decreasing M2.
  B) increasing both M1 and M2.
  C) decreasing both M1 and M2.
  D) not affecting M1 or M2.
  E) increasing M1 but not affecting M2.


scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

EY67

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: Jun 29, 2018
Correct answers!


scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

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

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

The Norse boar Gullinbursti with the god Frey, 1901 painting by Johannes Gehrts The Norse boar Gullinbursti with the god Frey, 1901 painting by Johannes Gehrts
Body Painting - look closely Body Painting - look closely
This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Painting Painting
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Morphology of a tomato plant

For a complete list of videos, visit our video library