Answer:
The correct answers are: greater than; less than.
Explanation:
In the perfect competition model, the nature of the scale returns poses serious problems, whatever the case considered. Sise assumes that the returns of scale are increasing, the supply of companies is infinite; if they are constant, the offer is null, infinite or indeterminate (equilibrium case); if they are decreasing, the profit of the companies is strictly positive in the balance '. In the latter case, if they could do so, companies would be interested in dividing themselves, without any limit, into entities as small as possible.
Answer:
The accounting profit is $30,000.
Explanation:
The implicit cost of running the restaurant is the opportunity cost of giving up a salary of $40,000 per year working as a chef.
The revenue earned from the restaurant is $100,000.
The explicit costs is
= $50,000 + $20,000
= $70,000
An accountant will consider only the accounting cost or explicit cost in the calculation of profits.
Accounting profit
= Total revenue - Explicit costs
= $100,000 - $70,000
= $30,000
Answer:
Ethical
Explanation:
The ethical dilemma means the uncertainties form that developed due to violation of the moral standard that would be held in our life
It would be considered right when she tells to the client regrading the mice problem but she is discouraged as she know that if she do this than she would mess up with the sales that decrease the salary
So this given situation represent an ethical dilemma
Answer:
The answer is: $39,000
Explanation:
The gross domestic products includes all the production of final and legal goods or services. These final products can be sold or held in inventory.
In this case, the GDP should include the $20,000 car sold to Emily and the $19,000 that correspond to the car held on finished inventory.
Answer:
RA=11.6%
Explanation:
RA=Rf+(Rm-Rf)Ba
RA=?
Rf=5.25%
Rm=12.5%
Ba=.88
RA=5.25%+(12.5%-5.25%).88
