Answer:
B. minus$2,000.
Explanation:
The computation of the economic profit is shown below:
As we know that
Economic profit = Total revenue - Explicit costs - Implicit costs
= $35,000 - $30,000 - $7,000
= -$2,000
The implicit cost is come from
= $70,000 ×10%
= $7,000
We simply applied the above formula so that the economic profit could come
Answer:
wearing a suit to a job interview: ethical wearing an expensive suit to impress others not ethical, wearing your best dress suit to a formal banquet ethical wearing a law enforcement uniform to gain respect not ethical, finally wearing a certain type of style clothes to fit in with the desired crowd not ethical hope this helps good luck!
It should be noted that the aging structure data is important as it allows the rate of growth to be associated with the population in a country.
Your information is incomplete. Therefore, an overview of the topic will be given. There are typically three age structures which are:
- The children who are under 15 years old.
- The working-age who are between 15 - 64 years.
- The elderly ones who are 65 years and older.
It should be noted that an aging population lower the labor-force participation and slows down economic development in the country.
Learn more about aging population on:
brainly.com/question/14540910
Answer:
Option B- $63510 is the correct option.
Explanation:
Remember that:
Net Working Capital = Current Assets - Current Liabilities
Current assets includes receivables, cash and inventory, and current liabilities include accounts payable, short term notes payable and accrued taxes.
Putting value of current assets and current liabilities, we have:
Net Working Capital = ($47,199+$63,781+$21,461) - ($51,369+$11,417+$6145)
Net Working Capital = $132,441 - $68931 = $63,510
So the option B is the correct option.
Answer:
B) 1.7
Explanation:
GDP deflator simply shows the occurring event of the level of prices in the economy which is why It is often the ratio of nominal GDP to real GDP.
GDP deflator in 2009 will be:
Norminal GDP
Cost of apple= $1 in 2009
Apple produced =5 in 2009
Cost of oranges= $1.50 in 2009.
Orange produce= 5 in 2009
$1.00*(5)+$1.50*(5)
=5+7.5
=$12.50
Real GDP
Cost of apple= $0.50 in 2002
Apple produced =5 in 2002
Cost of oranges= $1 in 2002
Orange produce= 5 in 2002
0.50*(5)+$1.00*(5)
=2.5+5
=$7.50
GDP deflator = Nominal GDP/Real GDP)
=$12.50/$7.50
=1.666
approximately 1.7
