In the decision to rent or purchase a home the ________ of any security deposit that you would put down on a rental home must be part of the decision
Fill in the blank(s) with the appropriate word(s).
Answer: opportunity cost
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Which of the following would not be reported in the cash receipts journal?
a. a cash sale; b. loan proceeds; c. a withdrawal by the owner; d. a customer payment of the balance due; e. bank credit card sales.
In which of the following auctions does the auctioneer first announce a high price for a product and then slowly decreases the price until a bidder accepts?
A) a Dutch auction with one buyer and many sellers B) an English auction with one seller and many buyers C) an ascending bid auction D) a sealed-bid auction E) a Dutch auction with one seller and many buyers
Assuming the football helmet line is dropped, total fixed costs remain unchanged, and the space formerly used to produce the football helmet line is used to double the production of batting helmets, operating income will be ________.
Head Bucket, Inc. has two product lines—batting helmets and football helmets. The income statement data for the most recent year is as follows:
A) $350,000
B) $160,000
C) $540,000
D) $280,000
Differentiation refers to ______.
A. integration and coordination B. equifinality C. negative entropy D. creating new businesses and eliminating old ones