An example of an opportunity cost is the wages that you could have earned but did not because you were in class

Indicate whether the statement is true or false.


Answer: TRUE

Business

You might also like to view...

Assuming that the current ratio was 1.6 times and the quick ratio was 1.4 times before this transaction, the entry to record the payment of a previously declared and recorded cash dividend will

A) increase the current ratio and the quick ratio. B) decrease the current ratio and the quick ratio. C) increase the current ratio but have no effect on the quick ratio. D) have no effect on the current ratio or the quick ratio.

Business

Who are the baby boomers and why are they important to marketers?

What will be an ideal response?

Business

When developing an effective questionnaire, asking for "old" information always results in sound data

Indicate whether the statement is true or false

Business

The four bolts that hold the passenger seat in a pickup truck are tightened in a clockwise order beginning with the front right bolt, in 24 seconds

This production factoid illustrates which of the following principles of the Toyota Production System? A) All work must be specified as to content. B) Every customer-supplier connection must be direct and unambiguous. C) The pathway for every service and product must be direct. D) Any improvements to the system must be made in accordance with the scientific method.

Business