The cost of capital is best described as the

A) opportunity cost of financing a capital outlay.
B) funds that must be acquired to finance a capital outlay.
C) decrease in stockholder equity due to a capital outlay.
D) All of the above

A

Economics

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Researchers who make judgements in their experiments based on what is salient rather than on actual probabilities err by using a representativeness heuristic

Indicate whether the statement is true or false

Economics

Labor-saving technology causes which of the following? (i) The marginal productivity of labor increases. (ii) The marginal productivity of labor decreases. (iii) Labor demand shifts to the right. (iv) Labor demand shifts to the left

a. (i) only b. (ii) only c. (i) and (iii) only d. (ii) and (iv) only

Economics