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Fixed costsa. are equal to explicit costs plus implicit costs. b. do not vary as output varies. c. are the same as total costs for any level of output greater than zero. d. are another name for sunk costs.

Peggy offers to sell Shelby a purebred Scottish terrier puppy for $800. Shelby and Peggy do not discuss the dog's ancestry, but Shelby believes that the dog came from champion lines and agrees to the price.

Today the value of money is based on A. the silver standard. B. the bartering system. C. the fiat money system. D. the gold standard.

The fi corporation's dividends per share are expected to grow indefinitely by 5% per year. a. if this year's year-end dividend is $8 and the market capitalization rate is 10% per year, what must the current stock price be according to the ddm?

Jane is making arrangements to protect herself from risk. she is going to the insurance company this afternoon to finalize this arrangement. what does she want to sign up for?

The automobile industry in a developing country has very few sellers. If one automobile company raises the prices of its trucks by a certain amount, other automobile companies in the industry follow by raising prices by a similar amount.

Cleo writes a check for $100 drawn on debit & credit bank and presents it to elegant jewelers for payment. if the check is not backed by sufficient funds and intent to defraud can be proved, cleo may be prosecuted for

Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. reduce government costs by relocating government programs to private groups or corporations. c.

Gonzalez Company acquired $200,000 of Walker Co., 6% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $70,000 of the bonds for 97.

A debt does not have to be past due before a creditor can begin legal action against a debtor. true or false.