This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In order for a taxicab to be operated in New York City, it must have a medallion on its hood. ... (Read 130 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jul 1, 2018
In order for a taxicab to be operated in New York City, it must have a medallion on its hood. Medallions are expensive, but can be resold, and are therefore an example of
 
  A) a fixed cost.
  B) a variable cost.
  C) an implicit cost.
  D) an opportunity cost.
  E) a sunk cost.

Question 2

Refer to Table 5.4. If outcomes 1 and 2 are equally likely at Job A, then the standard deviation of payoffs at Job A is
 
  A) 1.
  B) 10.
  C) 40.
  D) 50.
  E) 60.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


dollx

  • Member
  • Posts: 558
Reply 2 on: Jul 1, 2018
Wow, this really help

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Pink-eared Duck - At Central Park Zoo, New York, USA Pink-eared Duck - At Central Park Zoo, New York, USA
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Louis H. Sullivan, Bayard-Condict Building (detail), New York. Louis H. Sullivan, Bayard-Condict Building (detail), New York.
The firing order is cast or stamped on the intake manifold on most engines that have a distributor ... The firing order is cast or stamped on the intake manifold on most engines that have a distributor ...
A charcoal canister can be located under the hood or underneath the vehicle. A charcoal canister can be located under the hood or underneath the vehicle.
If drug elimination mechanisms become saturated, a drug may exhibit zero-order elimination. If drug elimination mechanisms become saturated, a drug may exhibit zero-order elimination.
Video: Osteoporosis

For a complete list of videos, visit our video library