Opportunity cost may be defined as the

Which of the following would NOT be classified as a service? Group of answer choices Overnight stay at Holiday Inn Express A 100 percent service satisfaction guarantee Justin Bieber concert Flight on Southwest Airlines Dry cleaning of a suit

An adjusting entry should never include Group of answer choices a debit to an expense account and a credit to a liability account a debit to an expense account and a credit to a revenue account a debit to a liability account and a credit to revenue

Fixing your sink is an example of a nonmarket transaction. Question 30 options: True False

Bill has been saving money from each of his paychecks in a separate account at his local credit union he calls his "fun money". Bill has saved $1,000 and is starting to think about ways he may use his fun money.

As a firm produces more units of a good, its a. fixed costs remain constant in the short run and its variable costs rise. b. variable costs decline in the short run and its fixed costs rise. c.

An advertiser enables target cost-per-acquisition (cpa) bidding and notices that conversions decrease. what might cause this?

A trigger strategy is a strategy that: A. is not relevant to oligopolies. B. determines when to enter an industry. C. depends on an opponent's past decisions. D. tells a business to leave the industry because the price is below the AVC.

What is the effect on the supply curve for skateboards if the government implements a tax on the manufacturing process?

Cost of goods sold is: an asset account. a revenue account. an expense account. a permanent equity account.

Markup represents an amount needed to cover operating expenses. a. True b. False