On January 1, 2019, Watson Construction Company purchased a truck for $40,000. In addition to the purchase price, the company incurred $500 in sales taxes, $1,000 in interest, and $2,000 for a bed liner to protect the back of the truck. The Watson Company should record the truck on their books as an asset at:

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

Which of the following has the largest impact on opportunity cost

When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable