Kaitlyn and Larissa have formed a dog bathing and grooming business business. The number of dogs they can bathe or groom in any given day is depicted in Table 2.1. The opportunity cost of grooming the first dog in a day is bathing ________ dog(s)

A) 1 B) 2 C) 24 D) 25

B

Economics

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All of the following describe the conflict between divisions EXCEPT

a. some activities across divisions benefit from coordination b. managers of cost centers care too little about enhancing revenues c. managers are rewarded only for how well their own division is run d. corporate executives cannot tell when one divisional manager's decision is appropriate or not

Economics

John has $4000 in savings to buy an engagement ring for his girlfriend even though he has no plans to propose in the near future. When his transmission needs to be replaced in his car, John charges the $2000 worth of auto repair. John's decision is an example of:

A. people recognizing that money is fungible. B. everyday expenses being easier to charge than big purchases. C. people making false distinctions about their money. D. over consumerism.

Economics