Multiple Choice
Which one of the following represents an economic,but not an accounting,cost of owning a restaurant?
A) The interest foregone by the owner on the personal savings invested in the restaurant
B) The labor hired used to operate the restaurant
C) The linens used to cover tables
D) The ingredients used to prepare the meals
Correct Answer:

Verified
Correct Answer:
Verified
Q26: A farmer can produce 10,000 pears if
Q27: Opportunity cost is calculated as:<br>A)sunk cost plus
Q28: Which one of the following is not
Q29: Petroleum oil is an example of:<br>A)a renewable
Q30: Macroeconomics deals primarily with:<br>A)aggregate economic factors.<br>B)the behavior
Q32: The annual income of a worker in
Q33: If a production possibility frontier is drawn
Q34: Which of the following is an example
Q35: Refer to the production possibility frontier in
Q36: Which of the following best describes the