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vekshin1
3 years ago
6

Adamis the owner/operator of a flower shop. Last year he earned $250,000 in total revenue. His explicit costs were $175,000 paid

to his employees and suppliers (assume that this amount represents the total opportunity cost of these resources). During the year he received three offers to work for other flower shops with the highest offer being $75,000 per year. Which of the following is true about Adam's accounting and economic profit?
A. Accounting profit = $175,000; economic profit = $75,000.
B. Accounting profit = $75,000; economic profit = negative $100,000.
C. Accounting profit = $0; economic profit = negative $75,000.
D. Accounting profit = $75,000; economic profit = $0.
Business
1 answer:
Degger [83]3 years ago
4 0

A is the correct answer

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Answer:

A) The Heckscher-Ohlin model offers a reasonable explanation of the pattern of trade and the gains from trade.

Explanation:

A) The Heckscher-Ohlin model mentions that some countries have capital products and some have labor work products. In that condition some countries might be producing capital products like cars and mobile phones however these countries might have less labor work products like agricultural products so that they can not produce enough food. In that sense there is a trade that occurs between two countries one having a capital like a car and others having a high food production so the trade gets balance thanks to this import and export of products. Basically, each country exports its products that they are leading whether it has capital good or labor work good and imports goods that they are lack of it whether it is capital or labor work products. Well, gains from trade happens thanks to this exchange.

B) No, the Heckscher-Ohlin model offers a pattern of trade between two countries according to capital goods and labor work products.

C) No, the Heckscher-Ohlin model explains the gain. Possible to gain from your goods. If a country produces capital good then gains from that or produce labor work good then gains from it by export to other countries that they have lack of that good.

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External factors in a SWOT analysis include the strengths and weaknesses of an organization.
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False

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Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet da
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Answer:

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