Fixed costs are ignored in allocating scarce resources because
a. they are unaffected by the allocation of scarce resources.
b. fixed cost apply only to long-run decisions.
c. they are sunk.
d. there are no fixed costs associated with scarce resources.
a
You might also like to view...
The business buying center consists of the group of people who make purchasing decisions on behalf of a company
Indicate whether the statement is true or false
Rachel is frustrated with her boss, Ross, at the Vitamin Villa. She has expressed an interest in reorganizing the shelves to spiff up the store. She knows that if she could do this, then it would be easier for customers to find what they are looking for. She doesn’t feel listened to or valued by Ross. Rachel has a ______.
A. low level of job gratification B. high level of job satisfaction C. low level of job satisfaction D. low level of depression
Viral marketing primarily uses which of the following communication channels?
A) billboards B) print media C) radio D) cable television E) the Internet
Which word is the past participle of hide?
a. hid b. hided c. hidden d. hiding