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Amiraneli [1.4K]
2 years ago
6

What are implicit​ costs? an implicit cost is

Business
1 answer:
Yuki888 [10]2 years ago
3 0
The correct option is "c".
An implicit cost is <span>a nonmonetary opportunity cost.

</span>Implicit costs refer to any cost that has already occurred however isn't really appeared or detailed as a different cost. It represents an opportunity cost that emerges when an organization dispenses inward assets toward a venture with no explicit compensation for the usage of assets.
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Open innovation’ can only operate across web-based platforms – true or false?
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I am not very sure but I believe that the correct answer is True.

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3 years ago
Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability poli
Cerrena [4.2K]

Answer:

The balance in Eve's prepaid insurance account as of December 2021 is $18000 as shown below.

Explanation:

The balance of prepaid insurance would be the balance left after 12 months expense has taken from both amounts

Liability policy $36000*6/18=$12000

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6 0
3 years ago
A local club is selling Christmas trees and deciding how many to stock for the month of December. If demand is normally distribu
Nastasia [14]

Answer:

0.6

Explanation:

Data provided :

Mean = 100

Standard deviation = 20

Salvage value of the tree = $ 0

Actual cost of the tree = $ 20

Selling cost of the trees = $ 50

Now, the cost of shortage = Selling cost - actual cost = $ 50 - $ 20 = $ 30

and the outrage cost = actual cost = $ 20

Now,

the service level is calculated as:

service level = \frac{\textup{cost of shortage}}{\textup{cost of outrage + cost of shortage}}

on substituting the value, we get

service level = \frac{\$\ 30}{\$\ 20\ +\ \$\ 30}

or

Service level = 0.6

6 0
3 years ago
Yesterday a transformer in tenisha’s neighborhood blew and her entire block lost electricity. because she must upload her week 4
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Which statement is true about culture and society?
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A. is the only appropriate answer.
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3 years ago
Read 2 more answers
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