In a proposal to increase the production of clock radios, the sales managers of Rinaldo Electronics reported the total additional cost required to meet the increased production level. The increase in total cost is known as the
A) opportunity cost.
B) sunk cost.
C) uncontrollable cost.
D) differential cost.
D
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Which of the following is a form of surveillance that is usually only available to law enforcement officers?
a. Surveillance using video cameras b. Wiretapping c. Stationary surveillance d. Tailing
The _____ of a long-lived asset is the cost of a series of future services
a. present value of future cash flows b. acquisition cost c. current fair market value d. liquidation value e. current cost
If the production manager decides to produce of 400 bottles of light beer and 0 bottles of dark beer, it will result in slack of:
A) malt only. B) wheat only. C) both malt and wheat. D) neither malt nor wheat.
The main difference between merchant wholesalers and other wholesalers is that merchant wholesalers
A. have the lowest operating expenses as a percent of sales. B. are willing to perform retailing functions also. C. are more aggressive at selling than agent wholesalers. D. own (take title to) the products they handle. E. offer fewer wholesaling functions.