Answer:
(B) If the explicit cost for the consulting job is $25,000 per year, your economic profit is equal to $45000.
Explanation:
Economic profit is obtained by substracting explicit (monetary) costs, and implicit (opportunity) costs, from total earnings.
In this case, the earnings for working as an economic consultant are $100,000. The implicit, opportunity cost is the $30,000 that are given up because of quitting the serving job. If the explicit cost of renting an office, purchasing supplies and buying a computer is $25,000, then, we have the following equation:
Economic profit = earnings - explicit costs - implicit costs
= $100,000 - $25,000 - $30,000
= $45,000
Answer:
The correct answer is letter "A": company sales potential; market potential.
Explanation:
Company sales potential is the expected amount of sales of a company given a specific sector in the market. It is presumed that the company has carried out marketing strategies and investment for the levels desired to be achieved. In the example, that level is 20%.
The market potential is the size of the market for a given product within a period of time. It is usually expressed in monetary terms since it expresses the number of sales value or volume during the period. In the example, that amount is $30 million dollars.
Because your basically loaning the bank your money for them to use and they pay you a fee.
Because of the political instability, what will happen to U.S. is that its Net exports would fall which by itself would decrease U.S. aggregate demand.
When the people from other countries feared for their asset, they will stop importing goods from U.S.
- This will make import reduce and also, the export from U.S. to reduce as well.
In conclusion, because of the political instability, what will happen to U.S. is that its Net exports would fall which by itself would decrease U.S. aggregate demand.
Read more about political instability
<em>brainly.com/question/18510154</em>
Answer:
$21
Explanation:
Crystal Vase was originally priced as $100
80% off: 80% = 80/100 = 0.80
100 x 0.80 = 80
Subtract the amount that is off from the original amount:
100 - 80 = 20
Add sales tax. Sales tax is 5% or 0.05 of the amount.
20 x 0.05 = 1
20 + 1 = 21
$21 is your answer.
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