Author Question: Economists argue that: a. accounting costs include all types of costs, even implicit costs. b. ... (Read 235 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
Economists argue that:
 a. accounting costs include all types of costs, even implicit costs.
 b. every decision has an opportunity cost.
 c. some decisions have opportunity costs, while others don't.
 d. economic decisions should include sunk costs.

Question 2

Which of the following is FALSE?
 a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other
  b. After acquiring a substitute product, lower prices on both the products
 c. After acquiring a complementary product, lower prices on both the products
 d. All of the above



cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

b

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

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

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library