The implicit cost of ownership:
A. is a cognitive bias.
B. is an unproven concept.
C. is the monetary opportunity cost that is often overlooked.
D. All of these are true.
A. is a cognitive bias.
Economics
You might also like to view...
Suppose the price of coffee is $3, the price of a bagel is $2 and a person's budget is $40. The budget line's equation is
A) $2/Qbagel + $3/Qcoffee = $40. B) $2(Qbagel) + $3(Qcoffee) = $40. C) Qbagel /$2 + Qcoffee /$3 = $40. D) Qbagel + Qcoffee = $40/($3 + $2).
Economics
The human skills theory is similar to the factor abundance theory of explaining the source of comparative advantage, except that the former concentrates only on different aspects of labor
a. True b. False Indicate whether the statement is true or false
Economics