Business, 01.02.2021 20:40, mithydizon1553
Your friend remarks that longer movies are a better deal than shorter movies because the ticket price is the same in both cases. Therefore, the longer movie provides more benefit for the same cost as a shorter movie. Which of the following is the best argument against your friend's claim that longer movies provide more benefit than shorter movies?
Based on the:
a. opportunity cost principle, the length of the movie does not matter as long as watching a movie is the best way to spend your time compared to other alternatives.
b. cost-benefit principle, the benefits of a longer movie exceed the costs when compared to a shorter movie.
c. marginal principle, you should only continue to watch an additional movie if it is shorter than the first movie.
d. interdependence principle, longer movies are affected by the market for shorter movies.
Answers: 1
Other questions on the subject: Business
Business, 23.06.2019 00:30, hannahbear3747
In a recent annual report, apple computer reported the following in one of its disclosure notes: "warranty expense: the company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." this note exemplifies apple's use of: (a) conservatism.(b) matching. (c) realization principle. (d) economic entity.
Answers: 2
Business, 23.06.2019 01:20, swiseman6703
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(5 0,100)
Answers: 3
Do you know the correct answer?
Your friend remarks that longer movies are a better deal than shorter movies because the ticket pric...
Questions in other subjects:
Health, 17.07.2020 01:01
Mathematics, 17.07.2020 01:01
Mathematics, 17.07.2020 01:01
