Economic profit is calculated as:
Economic profit = Total Revenues – Total Cost
Total cost both includes explicit and implicit cost. In
this case, the explicit cost is $8,000 while the implicit cost is $64,000.
Explicit cost is a direct payment made to run the business while implicit cost
is the opportunity as accountant that is lost. Therefore,
Economic profit = $150,000 – ($8,000 + $64,000)
<span>Economic profit = $78,000</span>
It is on account of nobody is independent.A service is the creation of a basically elusive advantage, either in its own particular right or as a critical component of a substantial item, which through some type of trade, fulfills a distinguished need.
a student organization that contributes to the preparation of a world-class workforce through the advancement of leadership, citizenship, academic, and technological skills for students at the Secondary and the Post-Secondary level.
example: DECA or FBLA or FCCLA
Answer:
a. purchases of capital goods, all new residental constructionand inventory investment
Explanation:
It is the investment measure used for determining the GDP. It is an important part of GDP as it is used as an indicator for the productive capacity i.e. future. It involves the purchase i.e. replacement, net addition made to the capital assets, and the investment made in inventories
So according to this, the option a is considered as it involved all three thins that are shown above
Answer:
a. the purpose of this proposal is to show how we can reorganize our department to improve our efficiency while keeping intact the values that have allowed us to succeed to this point.
Explanation:
If you are writing a restructuring proposal, it means that you have mapped out points that can be improved in your department. However, the organizational structures of firms can rarely be changed drastically. What are usually applicable are the policies for improving processes, so that they become more and more efficient. This applies in general, but especially if you are going to propose changes to a structure that was designed by a superior of yours, who probably has more experience than you. Thus, you must present a restructuring project that identifies points to be improved, that proposes alternatives for improvement, but that maintains the values policy that was instituted by your manager. In this way, your manager will see your contribution as adding value to the structure and your work will be valued.
