Total cost includes:
A. one-time expenses and ongoing expenses.
B. forgone opportunity costs.
C. the amount the firm spends on all inputs that go into the production of a good or service.
D. All of these are true.
D. All of these are true.
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In the case of Intimate Bookshop v. Barnes & Noble, Intimate alleged that Barnes & Noble
a. was bundling products in order to reduce competition. b. used technological advances to sell at lower prices. c. was buying books at discriminatory prices. d. had merged with other competitors in an effort to gain monopoly power.
Consider a portfolio with three stocks, each with the same value. The three stocks have standard deviations of 20%, 40%, and 90%. The standard deviation of this portfolio is
a. no greater than 50%. b. less than 20%. c. exactly 40%. d. more than 90%.