Which of the following costs are always irrelevant in decision making?

A. fixed costs
B. sunk costs
C. avoidable costs
D. opportunity costs


Answer: B

Business

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________ projects evolve rather than are executed.

Fill in the blank(s) with the appropriate word(s).

Business

How an employee expects his supervisor to provide instruction and guidance largely depends on the employee’s ______.

*a. power distance dimension b. masculinity versus femininity dimension c. individualism versus collectivism dimension d. avoidance of uncertainty dimension

Business

Explain how the hybrid model of entrepreneurship differs from

What will be an ideal response?

Business

By computing confidence intervals, a researcher can

A. offset some of the problems of having a nonrepresentative sample. B. have just as much confidence in an estimate from a small sample. C. estimate how precise his or her research results are likely to be. D. None of these answers is correct.

Business