What is total cost of ownership? a. it is the expenditure involved in raising capital for a sole proprietorship. b. it is the expenditure involved in the purchase, use, and maintenance of a product. c. it is the expenditure involved in securing the owners against business losses and debts. d. it is the expenditure involved in owning any kind of business in a market economy.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)