Answer:
C. Manager
Explanation:
Makes the most sense to me. You have to know how to deal with people and assign tasks to get the job done. Sounds like every manager i know.
Answer:
The correct answer is 2) balances estimated costs with potential environmental benefits.
Explanation:
One of the advantages of using cost-benefit analysis method is that it enables us to understand the cost incurred against the benefits gained from a project. It helps to make a decision whether to continue a particular project or drop it if costs of a project is greater than its anticipated benefits. The statement 2 is True.
Answer:
a. should be discouraged because it lessens a quality that makes that antique desirable
Explanation:
In pricing theory, the price for a good or service should increase as its scarcity increases. Now selling the antique at a bargain price will reduce the price of it and thereby making it less scarce and rare.
Answer:
E. Fixed Costs
Explanation:
Here are the options to this question :
A. Variable Costs
B. Labor Costs
C. Total Costs
D. Raw material Costs
E. Fixed Costs
Sunk costs are costs that have already been incurred and cannot be recovered. They should not be considered when making future economic decisions.
Fixed cost is cost that do not vary with production. e.g. rent
Most companies pay rent per year. if due to unforeseen contingencies, sales and profit of the company declines and the company decides to shut down production, the company has already paid for rent, this amount cannot be recovered even though the company would not be using the space for sometime. So, rent is an example of sunk cost