A Crustal Rock Dated to 1

question 20

Multiple Choice

A crustal rock dated to 1.9 Ga is how old?

• A) 1,900 years
• B) 1,900,000 years
• C) 1,900,000,000 years
• D) This is a trick question: no rocks are this old.

Understand the concept of make-or-buy decisions and how to calculate the total costs associated.

Identify the advantages and disadvantages of outsourcing parts of production.

Determine the opportunity costs involved in make-or-buy decisions.

Calculate avoidable fixed costs and their impact on make-or-buy decisions.