« previous next »

Author Question: Suppose a new textbook sells for 100 at the college bookstore. The bookstore will buy it back at the ... (Read 131 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: Jun 29, 2018
Suppose a new textbook sells for 100 at the college bookstore. The bookstore will buy it back at the end of the semester for 35, and sell then it used to somebody else for 75. Christina agrees to the deal, and pays 100.
 
  Once she buys the book, her sunk cost is A) 25.
  B) 35.
  C) 40
  D) 65
  E) 100.

Question 2

A positive externality ________.
 
  A) gives rise to external benefits
  B) leads to increasing returns to scale
  C) imposes an additional cost on the society
  D) leads to higher economic profit


reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Information flows from the nucleus to the cytoplasm and back. Information flows from the nucleus to the cytoplasm and back.
The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
Back Back
Ahmad - Back In The Day Ahmad - Back In The Day
Hot stones placed on the sacrum, up the back, and into each of the palms. Hot stones placed on the sacrum, up the back, and into each of the palms.
Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ... Effleurage to the entire back to apply oil. Stand at the side of the table near the recipient’s ...
Video: Exercise and cardiac output

For a complete list of videos, visit our video library