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DiKsa [7]
3 years ago
10

Scenario 13-3 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As

a consultant, Ziva helps people organize their houses. Due to the popularity of her home-organization services, Farmer Ziva has more clients requesting her services than she has time to help if she maintains her farming business. Farmer Ziva charges $25 an hour for her home-organization services. One spring day, Ziva spends 10 hours in her fields planting $130 worth of seeds on her farm. She expects that the seeds she planted will yield $300 worth of lettuce. Refer to Scenario 13-3.
Ziva's economic profit from farming equals


a. $130.

b. −$130.

c. −$80.

d. $170.
Business
1 answer:
Murrr4er [49]3 years ago
5 0

Answer:

c. −$80.

Explanation:

The computation of the economic profit is shown below:

Economic profit = Total revenue - Cost of seeds - Earning foregone

where,

Total sales revenue is $300

Cost of seeds is $130

And, the earning foregone is

= 10 hours × $25

= $250

So, the economic profit is

= $300 - $130 - $250

= -$80

We simply applied the above formula to determine the economic profit

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Recently, businesses have experienced debate over ___________, the practice of discriminating against a dominant or majority gro
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The correct answer would be, Reverse Discrimination.

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Explanation:

When people or group of people who were discriminated against previously, are being favored, then this practice is known as the Reverse Discrimination.

For example, reverse discrimination can be caused in an organization where previously discriminated Muslims are now being preferred and hired by the company.

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7 0
3 years ago
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Bill operates a proprietorship using the cash method of accounting, and this year he received the following: $150 in cash from a
Igoryamba

Answer:

$555

Explanation:

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What describes a type of tax that funds City programs
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One result of increased globalization is increased educational opportunities for women how has this affected their status in the
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2 years ago
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