One significant component of _____ can be the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer
a. economic costs b. transaction costs
c. opportunity costs d. retention costs
b
You might also like to view...
Which of the following is an inside force for change?
A. domestic competition B. recession C. advancements in automation D. immigration E. low productivity and turnover
Which of the following errors will not cause the debit and credit columns of the trial balance to be unequal?
A) A debit entry was recorded in the wrong account. B) A debit was entered in an account as a credit. C) The account balance was carried to the wrong column of the trial balance. D) The balance of an account was incorrectly computed.
Kirk Wilkins renewed his cell phone contract with Zip Wireless Services and purchased a new cell phone through the Zip Web site. If Kirk mails Zip Wireless Services his transaction receipt, he would be eligible to receive $50 as cash refund
Which of the following types of sales promotion is evident here? A) point-of-purchase promotion B) advertising specialty C) premium D) price pack E) rebate
The journal entry to record the purchase of treasury stock will cause total stockholders' equity to decrease by the amount of the cost of the treasury stock
Indicate whether the statement is true or false