Which of the following is most likely to be a variable cost for an airline?
A. Insurance
B. Property taxes
C. Jet fuel
D. The lease payment on the building where the airline’s headquarters are located.
Answer: C
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In the above figure, point A is ________, and point B is ________
A) attainable, attainable B) attainable, unattainable C) unattainable, attainable D) unattainable, unattainable
At the end of the future period, in the real intertemporal model with investment
A) the firm's capital becomes useless and is thrown away. B) the firm's capital is used to produce more capital for the distant future. C) the firm can convert capital one-for-one into consumption goods. D) the firm's capital is converted into labor.
One of the portfolio choices people must make is whether to deposit idle funds in a bank or purchase government bonds.
a. true b. false
A difference between a proprietorship and a partnership is that
A) a proprietorship is easy to form while a partnership is hard to form. B) a proprietorship has only one owner while a partnership has only two owners. C) a partnership allows for specialization while a proprietorship does not. D) the profits in a proprietorship are taxed only once while in a partnership they are taxed twice.