Answer:
ii. Her accounting profit was $150,000
iii. Her economic profit was $50,000
Explanation:
The computation is shown below:
For accounting profit, it is
= Total revenues - total expenses i.e explicit cost
= $250,000 - $100,000
= $150,000
And, for economic profit
= Total revenues - total cost i.e explicit and implicit cost
= $250,000 - $100,000 - $100,000
= $50,000
Hence, the second and third options are correct
Oligopoly
What is Oligopoly?
In Oligopoly markets, a limited number of suppliers control the market. They are present in every nation and a wide variety of industries. While some oligopoly markets are much more competitive than others, others can at least appear to be so. Investigations into allegations of coordinated behaviour or a lack of fierce competition are frequently requested from competition authorities.
To learn more about Oligopoly
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Answer:
$0
Explanation:
The Tax Cuts and Jobs Act eliminated the possibility of deducting casualty losses if they were not caused by federally declared natural disasters. The only way Mary could deduct the $25,000 loss is that she had some type of casualty gain during the year that is offset by this loss. Casualty gains result when a person receives more money from an insurance company due to an event, e.g. fire, than the basis of the property. But in this case, there is no prior casualty gain, so the casualty loss cannot be deducted.
Answer:
B) The textbooks are placed in a common area of the department so students can borrow and return them as needed.
Explanation:
To avoid a new tragedy of the commons from occurring in the statistics class, each student that receives a book should be responsible for taking good care of it.
If the books are simply placed in a common area, anyone can come and take a book home and never return it or return it in a very bad shape.
The option that is not an objective of proactive scanning is: Paint a picture of the future 20+ years into the future.
<h3>What is proactive scanning?</h3>
Proactive scanning is the use of automated tools to detect suspicious programs/contents in library, driver, and executable files.
This scanning method can be used to detect threats and important events. They could also serve useful functions to employers and managers.
Learn more about proactive scanning here:
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