Tina withdraws $20,000 from her money market account to start up her own house cleaning business.The account earns 3 percent interest.In order to properly account for all costs of her business,Tina must not forget:
A) the opportunity cost of $2,600.
B) the opportunity cost of $600.
C) the fixed cost of $20,600.
D) the fixed cost of $20,600 and the opportunity cost of $600.
Correct Answer:
Verified
Q49: Suppose Larry's Lariats produces lassos in a
Q52: If a firm decreases production,then its:
A) variable
Q54: Explicit costs are costs that:
A)require a firm
Q57: If a firm stops production,then its:
A) variable
Q58: Mika's Manicures leases a space in the
Q61: Imagine Tom's annual salary as an assistant
Q62: When accounting profits are zero,which of the
Q66: Suppose Winston's annual salary as an accountant
Q67: Suppose Winston's annual salary as an accountant
Q68: Suppose Winston's annual salary as an accountant
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents