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Question - You purchase baseball tickets last month when the team was doing poorly. You paid $100 a non-refundable ticket. Your best friend offered you $130 for the ticket now that the team is doing well. The opportunity cost of going to the game is?
a. $30
b. $100
c. $130
d. None of the above
picksy company owns equipment that cost 38250 when purchased on 1 january 2009. it has been depreciated using the
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Vincent Corporation has 100,000 shares of $100 par common stock outstanding. On June 30, Vincent Corporation declared a 5% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $132 a share on Jun..
Which of the following is an example of a variable cost?
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