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olasank [31]
2 years ago
15

Bobby decides to sell lemonade on a hot summer day. If Bobby sells 25 glasses of lemonade for $5.00 per cup, and his average tot

al cost is $4.40, what are Bobby's economic profits for the day
Business
1 answer:
bulgar [2K]2 years ago
5 0

Answer:

$ 120.60

Explanation:

25 glasses * $ 5/ glass = 125 dollars gross income

income - expense = profit

125 - 4.40 = 120.60 profit

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Which of the following is true? Multiple Choice
spin [16.1K]

Answer:

The answer is: D) Licenses for functional intellectual property can be viewed as conveying a right of use.

Explanation:

Functional Intellectual Property (IP) is different from other IP since it must possess a standalone functionality. This means it must be able to perform a task, process a transaction, etc.

Because functional IP possess a standalone functionality, licensing agreements provide the customer immediate use of the functional IP. Therefore, revenue from licensing functional IP is recognized at the time the license is given.

7 0
3 years ago
When consumers need to purchase a refrigerator, they usually evaluate different models across a set of features or characteristi
irinina [24]

Answer:

The correct answer is attribute-based evaluation.

Explanation:

The products are susceptible to an analysis of the tangible and intangible attributes that make up what can be termed as their personality.

This analysis is carried out through the evaluation of a series of factors that allow dissection of the product, starting from the central elements to the complementary ones, so that in view of both ours and those of the competition, we can elaborate the marketing strategy that allows us to position the product in the market in the most favorable way. In any case, the different factors that we include below have to serve us only as a script or reference, since depending on the product that we commercialize other totally different attributes will be studied.

4 0
3 years ago
Which of the following is not a tool of Monetary Policy?
abruzzese [7]

Answer:

D. Changes in federal expenditures

6 0
3 years ago
when your combining like terms and there is only a negative outside of the parethisis what do you do??
ruslelena [56]
You mutiply the outside number by the 1st number on the inside of the paranthesis
6 0
3 years ago
Read 2 more answers
Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
VikaD [51]

Answer:

The straight line depreciation for the first year is $24000

Explanation:

The straight line method of depreciation charges/allocates a constant amount of depreciation through out the useful life of the asset. The straight line depreciation expense for the year is calculated as follows,

Straight line depreciation = (Cost - Salvage Value) / Estimated useful life

Straight line depreciation = (135000 - 15000) / 5  = $24000 per year

Thus, the amount of depreciation for first year under straight line method is $24000

7 0
3 years ago
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