You and some friends are meeting with city council members to ask them to build a skateboarding park that would cost $30,000. They ask you to identify the opportunity costs of other recreation alternatives for teenagers. As a team, identify two other alternatives for the city and discuss how you would determine the opportunity cost of each.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Colah company purchased $1.8 million of jackson, inc. 8% bonds at par on july 1, 2018, with interest paid semi-annually. when the bonds were acquired colah decided to elect the fair value option for accounting for its investment. at december 31, 2018, the jackson bonds had a fair value of $2.08 million. colah sold the jackson bonds on july 1, 2019 for $1,620,000. the purchase of the jackson bonds on july 1. interest revenue for the last half of 2018. any year-end 2018 adjusting entries. interest revenue for the first half of 2019. any entry or entries necessary upon sale of the jackson bonds on july 1, 2019. required: 1. prepare colah's journal entries for above transaction.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.