Chapter 8- mc.docx - Chapter 8 The cost of duplicating...

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Chapter 8The cost of duplicating productive capability using current technology is called:a. current cost. b. replacement cost. c. historical cost. d. opportunity cost.
status: not answered () correct: b your answer: --------------------------------------------------------------------------------2 Because dental customers must be willing to pay a price for dental gold that is competitive with the price paid by jewelry customers, the price of gold does not reflect the:
status: not answered () correct: c your answer: --------------------------------------------------------------------------------3 Minimum efficient scale will decrease if: a. fixed costs increase. b. transportation costs increase in relation to production costs. c. transportation costs decrease in relation to production costs. d. variable costs decrease. status: not answered () correct: b your answer:
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