The opportunity cost of watching television is:
A. all of the alternative programs that appear on other stations.
B. zero because there is no money expenditure involved.
C. the alternative use of the time foregone by watching the program.
D. zero if it benefits you.
Answer: C
Economics
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Fatz Confectionery is a candy company that operates at the risk of unlimited liability for its many owner in case, for instance, all of its former employees win a class action lawsuit because of "sugar-lung" developed over decades of working the
Thus Fatz is a A) proprietorship. B) partnership. C) either of the above. D) neither of the above.
Economics
Which of the following is NOT a financial intermediary?
A) mutual fund B) bank C) stock exchange D) insurance company
Economics