Which of the following is an example of shoe-leather cost?
a. Diane has to shut down her supermarket for a day in order to change the prices on
everything.
b. Viktor has to pay a value added tax on raw materials that he is manufacturing into
goods for resale.
c. Zara has to calculate the depreciation of each of the goods in her office each year.
d. Ishmael goes to the ATM twice a week because consumer prices have been
fluctuating so rapidly.
d. Ishmael goes to the ATM twice a week because consumer prices have been
fluctuating so rapidly.
You might also like to view...
In the United States, the Gini coefficient for the entire nation
A) is considerably higher than the coefficients for each of the 50 states. B) is considerably lower than the coefficients for each of the 50 states. C) is in roughly the same range as the Gini Coefficients for each of the 50 states. D) must be exactly equal to the coefficients for each of the 50 states.
The United States is currently a net debtor nation. This means that
A) U.S. consumers have a great variety of foreign goods available to them. B) the U.S. economy is in serious trouble if government policies don't change quickly. C) capital outflows from the U.S. are greater than inflows. D) the U.S. is seen as a poor investment by foreign citizens and firms.