A primary market refers to a market in which outstanding shares are bought and sold
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If you enjoy playing golf, the opportunity cost of cleaning your room
a. is the same on sunny days as it is on rainy days b. is greater on sunny days than it is on rainy days c. is smaller on sunny days than it is on rainy days d. does not change with the weather conditions e. is equal to the opportunity cost of any other chore you have to do that day
Economics
Expenses that a firm does NOT have to pay out of pocket are
A) wages of employees. B) taxes. C) implicit costs. D) explicit costs.
Economics