Capital expenditures: a. are easily reversible b. are forms of ...

[kodithompson]

Capital expenditures:
 a. are easily reversible
  b. are forms of operating expenditures
  c. Affect long-run future profitability
  d. Involve only money, not machinery
  e. none of the above

Question 2

This factor contributes to the winner's curse
 a. your estimate of the value of the object was the most optimistic
  b. your bid was not the highest
  c. there were not many other bidders you had to beat out
  d. you did not shade your bid enough

[essyface1]

Answer to Question 1

c

Answer to Question 2

a

[kodithompson]

Excellent

[cassie_ragen]

Thanks for the timely response, appreciate it