The type of cost created from a situation where the production of one service necessarily entails the production of another service is known as a:
a. separable unique cost.
b. joint common cost.
c. fixed universal cost.
d. variable general cost.

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as