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Professor Singh creates a survey to measure how happy his students are with his teaching this semester. He is teaching two classes: Psychology and Law and Introduction to Neuroscience. He writes the following questions for his survey:
A.What was your favorite part of this class?
B.Please rate how much you agree with the following statement using the scale below: This was one of my favorite classes all semester.
C.Which of the following is most true of you? a. I am a very serious student. b. I try only as hard as I have to.
D. How easy did you feel this class was?
Which of the questions above is an example of an open-ended question?
Cash Inflow
The total amount of money being transferred into a business, from operations, investments, or financing activities.
Incremental Analysis
A financial decision-making approach focusing on the costs and revenues that change due to a specific decision.
Costs
Costs represent the monetary value spent on resources, labor, and other expenses necessary for the production of goods or services.
Sunk Cost
An expense that is irreversible and non-recoverable, hence it should not affect upcoming corporate choices.
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