In deciding how to spend an hour of his time, John has identified four activities he can choose from. The opportunity cost of choosing activity A is defined as the benefit he would have received from all of the other activities. True or False?

ABC Company, which is headquartered in the U. S., has its production plant located in a less - developed country. In this production plant, working conditions are very poor.

which of the following statements about entrepreneurs is false? A. Entrepreneurs try to solve problems by using new products B. Entrepreneurs are not willing to take a risk C. Both A or B D. neither A nor B

An economy's potential output at any time is limited by a the amount of money in circulation. b the quantity and quality of labor, capital, and natural resources. c government regulations and spending. d business demand for final goods and services.

Cheyenne Corp. wrote checks totaling $33820 during October and $36928 during November. $32160 of these checks cleared the bank in October, and $36075 cleared the bank in November. What was the amount of outstanding checks on November 30?

A company has been using the fair-value method to account for its investment. The company now has the ability to significantly influence the investee and the equity method has been deemed appropriate. Which of the following statements is true?

Justin and jenna had a state refund of $160. should this amount be included on their tax return as income in 2017?

Which of the following statements is NOT true regarding locationâ decisions? A. Location decisions are important because location has a major impact on the overall risk and profit of the company. B.

The following requirements are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements.

Regan grows flowers and makes ceramic vases. Jayson also grows flowers and makes ceramic vases. Regan can produce 3 times as many vases in a day as Jayson, and Regan can grow twice as many flowers in a month as Jayson.

Danny "Dimes" Donahue is a neighborhood's 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he bakes himself. At a price of $1.50 each, he sells 100. At a price of $1 each, he sells 300. a.