What does it mean if there is an asterisk next to the PSAT Selection Index score?

Which of the following establishments would be considered “on premise”

Lynna [10]

liquor store establishments would be considered “on premise”.

Further Explanation:

Establishments are considered on premise:

A nearby bar qualifies as an on reason foundation in light of the fact that the clearance of products or administrations can be expended or utilized as expected while staying at the foundation.

How much profit can a liquor store make:

As per an ongoing Forbes study, alcohol stores are among the best five least beneficial organizations, bringing home a benefit of 1.7%. Proprietors who can maintain their very own business bring home a normal pay of $21,000 - $51,000, contingent on size, area, and deals.

convenience store:

An convenience store, comfort shop, or corner store is a little retail business that stocks a scope of regular things, for example, espresso, staple goods, nibble sustenances, sweet shop, soda pops, tobacco items, over-the-counter tranquilizes, toiletries, papers, and magazines.

Gas station:

The fuel sold at Gas station is put away underground in covered tanks. Every hold a few thousand gallons of gas. There are in any event two of these tanks for every station and each tank more often than not holds an alternate evaluation of gas.

Restaurant:

An Restaurant idea is the general thought or topic that characterizes the café. Ideas incorporate the your menu's plan, administration style, lounge area stylistic theme, and obviously the style of nourishment. Numerous cafés are imagined dependent on a cook's close to home encounters or interests.

Subject: business

Level: middle School

Keywords: Establishments are considered on premise, How much profit can a liquor store make, convenience store, Gas station, Restaurant.

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7 0

3 years ago

Suppose you are thinking of starting your own small business. Consider how your accounting profit is different than your economi

My name is Ann [436]

Answer:

IV

YES

Explanation:

Accounting profit= total revenue - explicit cost

Total revenue =price x quantity sold

Explicit cost includes the amount expended in running the business.

They include rent , salary and cost of raw materials

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

economic profit includes the opportunity cost of funds

In some industries, only normal profit is earned in the short run. For example, in a perfect competition and monopolistic competition, only normal profit is earned in the long run due to free entry and exit of firms in the industry. thus if only normal profit would be earned, the company should still go ahead and establish

5 0

3 years ago

What is said to exist when total demand equals total supply in a transportation problem? an equilibrialized problem a balanced p

ss7ja [257]

Answer:

a balanced problem

Explanation:

In the transportation problem, when the total supply is greater than the total demand than we will say that the problem is unbalanced and
when total demand equals total supply in a transportation problem that then we will say that the problem is balanced.
so here here correct option is : a balanced problem

8 0

4 years ago

Supply curves tend to be

Blababa [14]

Maybe the answer is b

8 0

3 years ago

describe the difference in economic profit between a competitive firm and a monopolist in both the short and long run. which sho

bogdanovich [222]

A company in monopolistic opposition produces an allocatively green output degree even as a company in best opposition produces a productively green output degree.

The long-run equilibrium answer in monopolistic opposition usually produces 0 monetary income at a factor to the left of the minimal of the common overall value curve. The life of excessive limitations to access prevents corporations from coming into the marketplace even withinside the long run.

Therefore, it's far viable for the monopolist to keep away from opposition and hold making tremendous monetary income withinside the long run. One feature of a monopolist is that it's far a income maximizer. Since there's no opposition in a monopolistic marketplace, a monopolist can manage the charge and the amount demanded. The degree of output that maximizes a monopoly's income is calculated through equating its marginal value to its marginal revenue.

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8 0

2 years ago