Answer:
The correct answer is letter "B": mercantilism.
Explanation:
In the 16th to 18th centuries, mercantilism was the dominant economic theory. To limit imports and increase exports, governments controlled their economies. It was believed that by doing this, the wealth of the nation would increase due to the surplus in the balance of trade in the country.
Answer:
What is the amount of the change in the firm's operating cash flow resulting from this project?
26018
Explanation:
Change in operating cash flow =37000*(1-0,34)+(4700x.34)
=24420 + 1598
=26018
Answer: Job description
Explanation:
A job description is a written statement that shows the responsibility of a worker in a particular organization. A job description can also include the details about the company such as the mission and vision of the company and its culture.
The job description is a written statement of what a job holder does, how it is done, under what conditions it is done, and why it is done.
Economic profits (or loss) is defined as the difference between revenues and the opportunity cost forgone. In the current case, the entrepreneur opted to start a business rather than being employed.
Therefore;
Economic profit = Revenues - Opportunity cost
In this problem;
Revenues = $300,000 - $150,000 - $25,000 - $25,000 = $100,000
Opportunity cost = $75,000
Therefore;
Economic profit = $100,000 - $75,000 = $25,000