Which of the following is a characteristic of a sunk cost?
a. It cannot be recovered
b. It affects current business decisions.
c. It is variable over time.
d. It affects marginal costs.
a
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Refer to the scenario above. What is the probability of picking a blue ball from the box?
A) 16.66% B) 33.33% C) 49.99% D) 54.44%.
The ratio of the total shift in aggregate demand to the initial shift in aggregate demand is known as the multiplier.
Answer the following statement true (T) or false (F)
A quota is
A) a tariff imposed on goods that are dumped in the country. B) a law that prevents ecologically damaging goods from being imported into a country. C) a market-imposed balancing factor that keeps prices of imports and exports in equilibrium. D) a government-imposed restriction on the quantity of a specific good that can be imported.
The financing of U.S. export transactions, ceteris paribus
A. reduces the amount of foreign currency held by the Fed. B. reduces U.S. interest rates. C. reduces U.S. GDP. D. increases the amount of foreign currency held by U.S. banks.