The interest rate is the ________ cost, hence the ________ cost, of investing in capital
a. actual cost; opportunity cost
b. opportunity cost; actual cost
c. opportunity cost; marginal cost
d. marginal cost; total cost
c
You might also like to view...
In order to manage risk of failure and protect guarantors, the Employee Retirement income Security Act (ERISA) established all of the following requirements on pension funds except for minimum
A) disclosure of information. B) reporting requirements. C) investment standards. D) risk-based capital requirements.
As a plaintiff, all of the following will help you negotiate a larger settlement except which one?
A) increasing the defendant's estimate of damages B) decreasing the defendant's estimate of damages C) increasing the defendant's cost of litigation D) raising the defendant's subjective probability that you will win
Environmental problems result when social costs and benefits are different from private costs and benefits
a. True b. False
Some careers, such as flight attendants, nurses, and primary school teachers, used to be considered "women's jobs.". Other jobs, such as airline pilots, physicians, and school principals, were traditionally considered to be "men's jobs" and were not
generally open to women. If women are allowed increased access to the jobs that had traditionally been considered to be "men's," explain the effects on wage rates.