If there is no legal way to keep competitors out of the market, these costs must be viewed as sunk costs that do not affect decision making after the product is introduced into the market. Identify the type of cost being discussed

A) development cost
B) variable cost
C) direct fixed cost
D) overhead cost


A

Business

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Short-term creditors are usually most interested in assessing:

A. Solvency. B. Profitability. C. Liquidity. D. Managerial effectiveness.

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Insurance payments for third party services are called third party payments

Indicate whether the statement is true or false

Business

The Johnsons have been thinking about the financial principle - Pay Yourself First. Being very conservative, they might consider having their bank

A) sell them a risky mutual fund. B) send them a monthly reminder to make a deposit in their 401(k). C) do a direct deposit of John's paycheck into their checking account. D) do a direct deposit of some of John's paycheck into a savings fund.

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Reciprocal dealing is a type of vertical cooperative strategy.

Answer the following statement true (T) or false (F)

Business