When a firm ignores the opportunity cost of capital when making investment or shutdown decisions, this is a case of
a. Fixed-cost fallacy
b. Sunk-cost fallacy
c. Hidden-cost fallacy
d. None of the above
c
Economics
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When a country exports a good, the ________ to consumers is ________ the ________ to producers
A) gain; equal to; loss B) gain; larger than; loss C) loss; larger than; gain D) gain; smaller than; loss E) loss; smaller than; gain
Economics
During recessions, income
a. and unemployment both rise. b. rises and unemployment falls. c. falls and unemployment rises. d. and unemployment both fall.
Economics