Which of the following is a fixed cost for Wendy's Hamburgers?
a. the cost of beef
b. electricity to light up the Wendy's sign
c. gasoline for the trucks that deliver supplies to the various franchises
d. interest on funds borrowed to build new facilities
e. expenditures on paper and plastic for packaging
D
Economics
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Limited liability is a benefit to
A) sole proprietorships. B) partnerships. C) corporations. D) All of the above.
Economics
To economists, games are:
A. situations in which individuals act against their own interest for fun. B. any situation in which players pursue strategies designed to achieve their goals. C. just recreational pursuits like chess, Monopoly, or poker. D. None of these statements are true.
Economics