What is it called when an economic decision is made to give up the most attractive option because of another choice?

diminishing returns

opportunity costs

limited resources

trade-offs

Brady knows that the brakes on his car do not work, but he tells celia, a potential buyer, that there are no problems with the car. on this assurance, celia buys the car. on learning the truth, she may sue brady for a. trade libel. b. conversion. c.

Which sentences describe characteristics of a sole proprietorship? -The owners are called partners. -The owner accepts full financial liability. -The business is treated as a separate tax entity.

Bigelow has a levered cost of equity of 14.29 percent and a pretax cost of debt of 7.23 percent. The required return on the assets is 11 percent. What is the firm's debt-equity ratio based on MM Proposition II with no taxes

If a corporation is formed, then the owners are known as

What can be done to reduce the cost of healthcare?

China has a collectivist culture. how do you believe that this will affect managers in a starbucks store?

XYZ title, in preparing a title commitment for a transaction set to close on July 1, 2009, comes across a deed from July 1, 1988 that is improperly acknowledged. What notation should they put on the title commitment?

When a firm in perfect competition has economic profit is equal to zero?

Workers who receive benefits are often less motivated. True or false.

Examples of transaction costs include (check all that apply) : A. the cost of the externality. B. the cost of monitoring an agreement. C. the cost of drafting a contract or agreement. D.