The cost that firms incur to change prices is referred to as

A. ?menu costs.
B. ?inflation tax.
C. ?pseudo costs.
D. ?transaction costs.


Answer: A

Business

You might also like to view...

A blueprint is like a journey because:

a. it tells the reader the stops along the way b. it lays out the document like a map c. both of the above d. none of the above

Business

For the firm offer rule to apply, who must be a merchant?

A) The offeror B) The offeree C) Both the offeror and the offeree D) Neither the offeror nor the offeree

Business

A cellphone service provider charges $5.00 per month and $0.20 per minute per call. If a customer's current bill is $55, how many minutes did the customer use? (Round any intermediate calculations and your final answer to the nearest whole minute.)

A) 275 minutes B) 300 minutes C) 250 minutes D) 225 minutes

Business

Simulation of maintenance problems can help management analyze various staffing strategies based on machine downtime and labor cost

Indicate whether the statement is true or false

Business