The opportunity cost of making a component part in a factory with excess capacity for which there is no alternative use is
a. the total manufacturing cost of the component.
b. the total variable cost of the component.
c. the fixed manufacturing cost of the component.
d. zero.
D
You might also like to view...
Beth Williams works for a marketing research company in Chicago. Her current research involves finding the market potential for a client's new line of sports apparel. Given her objective, which of the following types of research is the most suitable for Beth?
A) causal research B) constructive research C) statistical research D) descriptive research E) exploratory research
Which of the following code fragments correctly uses a record variable to hold the row of data queried for a shopper?
A. DECLARE rec_shopper bb_shopper%ROWTYPE; BEGIN SELECT* INTO rec_shopper FROM bb_shopper WHERE idshopper = :g_shopper; DBMS_OUTPUT.PUT_LINE(rec_shopper.lastname); DBMS_OUTPUT.PUT_LINE(rec_shopper.address); DBMS_OUTPUT.PUT_LINE(rec_shopper.email); END; B. DECLARE rec_shopper bb_shopper%ROW; BEGIN SELECT* INTO rec_shopper FROM bb_shopper WHERE idshopper = :g_shopper; DBMS_OUTPUT.PUT_LINE(rec_shopper.lastname); DBMS_OUTPUT.PUT_LINE(rec_shopper.address); DBMS_OUTPUT.PUT_LINE(rec_shopper.email); END; C. DECLARE rec_shopper bb_shopper%TYPE; BEGIN SELECT* INTO rec_shopper FROM bb_shopper WHERE idshopper = :g_shopper; DBMS_OUTPUT.PUT_LINE(rec_shopper.lastname); DBMS_OUTPUT.PUT_LINE(rec_shopper.address); DBMS_OUTPUT.PUT_LINE(rec_shopper.email); END; D. DECLARE rec_shopper bb_shopperROWTYPE; BEGIN SELECT* INTO rec_shopper FROM bb_shopper; WHERE idshopper = :g_shopper; END;
Which of the following is NOT a round of investment capital?
a. Seed b. Series A c. Series B d. Sweat equity
NCD Company wants to expand into the Mexican market. It has the financial resources, wants to control business operations, and has had considerable success marketing to Hispanics in the United States. NCD will likely use ________ to expand into the Mexican market.
A. a strategic alliance B. direct investment C. exporting D. a joint venture E. franchising