Suppose that York University does not have a summer programme and could rent out the campus to various summer sports camps for $100 000.The potential revenue of the summer camps represents a(n) :
A) implicit cost of capital.
B) explicit cost.
C) total cost.
D) sunk cost.
Correct Answer:
Verified
Q4: You own a small deli that sells
Q5: Accounting profit differs from economic profit because:
A)of
Q6: The implicit cost of capital is:
A)the expense
Q13: Suppose that the Toronto Blue Jays could
Q18: Suppose that a local floral shop has
Q19: Money that must be paid for the
Q20: Expenses associated with factors of production may
Q20: Part of the _ associated with the
Q29: In making an "either-or" decision:
A)choose the activity
Q37: Accountants use only _ costs in their
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