Answer:
Bill has taken three history courses and found them very stimulating and valuable. So he signs up for another one, confidently expecting that it too will be worthwhile.
25. Suppose that his previous history courses were in ancient history, modern European history, and American history.
Answer A
26. Suppose that his previous history courses had all been taught by the same professor that is scheduled to teach the present one.
Answer A
27. Suppose that his previous history courses all had been taught by Professor Smith, and the present one is taught by professor Jones.
Answer B
28. Suppose that Bill had found his three previous history courses to be the most exciting intellectual experiences of his life.
Answer A
29. Suppose that his previous history courses had all met at 9:00am, and the present one is scheduled to meet at 9:00am also.
Answer C
30. Suppose that, in addition to the three history courses previously taken, Bill also had taken and enjoyed courses in anthropology, economics, political science, and sociology.
Answer B
Explanation:
Answer:
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The opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.
<h3>What is opportunity cost?</h3>
Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is something needs to be given up in order to procure something else.
If the production chart is moved from A too B, there will be a decrease in the production.
The opportunity cost by shifting the lines is giving up the items and decreasing what is actually being produced. The decrease results in an opportunity cost - which is what you give up to gain something else.
Therefore, the opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.
Learn more about opportunity cost here : brainly.com/question/1549591
Answer: C. $15,000 of the distribution is taxable and $5,000 is not taxable
Explanation:
The options to the question are:
A The entire $20,000 distribution is not taxable
B $5,000 of the distribution is taxable and $15,000 is not taxable
C $15,000 of the distribution is taxable and $5,000 is not taxable
D The entire $20,000 distribution is taxable
It should be noted that variable annuity contributions are typically not tax-deductible. Since the customer contributed $20,000 to a variable annuity contract and the account value has grown over the years and the NAV is now $35,000; when the customer takes a lump-sum distribution of $20,000. From the $20,000, $15,000 of the distribution is taxable and $5,000 is not taxable.