________ costs represent a firm's opportunity cost of using its own resources or those provided by its owners without a corresponding cash payment

a. Explicit
b. Marginal
c. Implicit
d. Sunk

c

Economics

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When a supervisor asks for opinions in making decisions

a. situational leadership b. participative leadership c. autocratic leadership d. laissez faire leadership

Economics

Most modern countries have prohibitions on the trading of human organs in the marketplace

What impact do you believe such laws have had on the availability of organs for patients that need them? Furthermore, which people are most likely to be able to obtain the organs that they require and why? Explain the ethical dilemma that is at work that makes the strict application of basic economic principles difficult to put into practice in cases like this.

Economics