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Verdich [7]
3 years ago
13

Katherine gives piano lessons for $15 per hour. She also grows flowers, which she arranges and sells at the local farmer's marke

t. One day she spends 5 hours planting S50 worth of seeds in her garden. Once the seeds have grown into flowers, she can sell them for $150 at the farmer's market. Katherine's accounting profits are
a. $100, and her economic profits are $25
b. $100, and her economic profits are $75.
c. S25, and her economic profits are $100
d. $75, and her economic profits are $125
Business
1 answer:
vova2212 [387]3 years ago
8 0

Answer:

a. $100, and her economic profits are $25 

Explanation:

Accounting profit = Revenue - Explicit Cost

$150 - $50 = $100

Economic profit = Accounting profit - Opportunity cost

$100 - ($ 15 × 5)

$100 - $75 = $25

I hope my answer helps you

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When wages rise faster than labor productivity what happens
n200080 [17]
People either get hired to balance out how much a company is paying their employees, or the price of their priduuct increases to balance out how much money their employees are getting paid
7 0
3 years ago
The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.
katrin [286]

Answer:

<u>$26000</u>

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

<u>we first calculate collection flaot:</u>

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate <u>disbursements float:</u>

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= <u>$26000</u>

5 0
3 years ago
IBM purchased MRO Software Inc. for $740 million. MRO was a niche provider of software and services to help customers including
Elza [17]

Answer:

acquisition

Explanation:

Since in the question it is mentioned that IBM buy MRO software Inc for $740 million where the MRO is a niche provider that help the customers. While on the other hand the IBM plans to fold MRO into the unit of software

So, this is an example of the acquisition as IBM buy the MRO software

hence, the same is to be considered

6 0
3 years ago
The _________ is the content or general message of a conversation or what the conversation is about. a. business b. impersonal c
statuscvo [17]

Answer:

a. business

Explanation:

The opening is the beginning of the message.

The closing is the end of the message.

I hope my answer helps you

8 0
3 years ago
The value of what businesses provide to other businesses is captured in the final products at the end of the __________ chain.
TiliK225 [7]

The required answer is production.

Production:

  • Producing something is the act of creating something out of components or raw resources. To put it another way, production employs inputs to produce an output that is fit for consumption—a good or product that has value for a customer or end-user.
  • One of the most crucial steps in the manufacturing process, production is fundamental to what it means to be a manufacturer. Without this activity, no finished goods would be produced, leaving no products for buyers to purchase.
  • The purpose of production is to provide the economy with commodities and services. Land is the primary factor of production, but term also refers to any other natural resource that is used to create commodities and services. This includes everything that comes from the land, not just the land itself.

Learn more about production  here brainly.com/question/24481793

#SPJ4

6 0
2 years ago
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