FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Only right answer is needed Question 12 (1 point) () Listen Which of the following is an implicit cost? O a) interest on a bank

image text in transcribed

Only right answer is needed

image text in transcribed
Question 12 (1 point) () Listen Which of the following is an implicit cost? O a) interest on a bank loan O b) rent that could be earned by leasing a firm's premises to another business O c) insurance premiums paid by a business O d) medical benefits paid to workers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics Principles and Policy

Economics Principles and Policy

Authors: William Baumol, Alan Blinder

13th edition

1305280595, 1305280598, 9781305465626 , 978-1305280595

More Books

Students also viewed these Economics questions

Question

★★★★★
Rawling Companys 2011 income statement and selected balance sheet data at December 31, 2010 and 2011, follow ($ thousands). Required Prepare the cash flows from operating activities section only of...

Answered: 1 week ago

Question

★★★★★
=+1. Creation of value. What are some of the key aspects of the social media marketing examples that provide consumers with value?

Answered: 1 week ago

Question

★★★★★
What is the formula for the test statistic used to test the independence of two qualitative variables where one variable has ???? categories and the other has ???? categories?

Answered: 1 week ago

Question

★★★★★
A mail- order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and order-ing costs are $ 96. The following price schedule applies. Determine a. The optimal order quantity....

Answered: 1 week ago

Question

★★★★★
1. Javier recently graduated and started his career with DNL Inc. DNL provides a defined benefit plan to all employees. According to the terms of the plan, for each full year of service working for...

Answered: 1 week ago

Question

★★★★★
Right - to - work laws Question 4 8 options: guarantee workers the right to form unions. give workers in a unionized firm the right to choose whether to join the union. prevent employers from hiring...

Answered: 1 week ago

Question

★★★★★
identify ARB (4x4 company) international strategy What are the positive and negatives of their internationalization strategy what would you do diffrently?

Answered: 1 week ago

Question

★★★★★
Quarter Demand (units) 1 2,300 2 2,400 3 2,600 4 2,100 Beginning Inventory 200 units Inventory holding cost $10 per unit at end of quarter Hiring workers $4 per unit Firing workers $8 per unit unit...

Answered: 1 week ago

Question

★★★★★
The rational number 22/7 has been used as an approximation to the number since the time of Archimedes. First, show that: L x(1-x)4 1+x dx = 22 7 - . We will now use properties of this integral to see...

Answered: 1 week ago

Question

★★★★★
How to formulate a mathematical solution on , Workers cost,job duration and number of workers and job regulation

Answered: 1 week ago

Question

★★★★★
48. (4 points) Assume the following spot and forward rates for the euro ($/euro). Spot rate 30-day forward rate 90-day forward rate 120-day forward rate $1.6277 1.6330 1.6353 1.6387 A) What is the...

Answered: 1 week ago

Question

★★★★★
pleas help A system of equations was written as an augmented matrix, which was row reduced to: 10 0 -3 0 10-6 0 0 1 4 ] What is the solution to the original system of equations? TE Submit

Answered: 1 week ago

Question

★★★★★
The official stamp rule: We tend to have more confidence in information that is exempt from the Freedom of Information Act than if the same information was made readily available.

Answered: 1 week ago

Question

★★★★★
4. Based on a message you have recently received, analyse it in relation to its three components: a. the information component, b. its relational component and c. its hierarchical component.

Answered: 1 week ago

Question

★★★★★
3. Give an example of a problem or phenomenon in everyday life where information is presented in an emotional way.

Answered: 1 week ago

Previous Question Next Question