All categories

2 years ago

Pete owns a shoe-shine business. Which of the following costs would be implicit costs?

Social Studies

1 answer:

Oksana_A [137]2 years ago

5 0

Answer:

(iii) and (iv)

Explanation:

The correct answer is option (iii) and (iv).

Implicit cost is the cost which is not reported in the separate expense.

here, the wages Pete earn by delivering newspaper is known as implicit costs because this cost is not included in the Shoe-shine business.

And also the interest that Pete money was earning has nothing to do with the cost of the shoe-shine business hence, it will also come under implicit cost.

so, both the options are an example of implicit costs.

You might be interested in

Which term is used for a set of shared assumptions that includes both the substance of a theory and beliefs about how scientists

Norma-Jean [14]

Answer: Paradigm

Explanation:

Paradigm is defined as model that depicts about the concept that is followed in world with unwritten regulation.The pattern of the model is taking place which displays certain concept,framework or assumption. Example of paradigm is evolution etc.

Paradigm has the set of directions and ideas which can be studied and observed through research, theory ,standard or other method. This concept is based on assumptions or believe as well as approach of research to examine the phenomena.

7 0

2 years ago

The antidiscrimination provisions of the AICPA's Acts Discreditable Rule cover violations for which of the following: A. Federal

Ivahew [28]

Answer:

D. All of the above.

Explanation:

The AICPA's Acts Discreditable Rule at item 1.400.001.10, describe that an AICPA's member can be guilty of committing an act discreditable to the profession if he/she violates any antidiscrimination laws (no matter if it is at federal, state or municipality level), and this item also includes laws related to harassment of any kind.

5 0

2 years ago

Delivering a punisher is itself a(n) ___________ behavior; that is a behavior maintained by reinforcing consequences (e.g., the

Ad libitum [116K]

Delivering a punisher is a habitual behavior. That is a behavior that is maintained by reinforcing consequences.

A habitual behavior can be referred to as a behavior that a person is likely to repeat. Such behaviors are known to follow patterns and they become habits and routine with time.

The reason why tis is a habitual behavior is the fact that the problem behavior gets to be stopped now and also gets to be deterred in the future.

Read more on reinforcement here:

brainly.com/question/1483660

8 0

2 years ago

Sociology is distinct from other academic disciplines in its attempt to

fenix001 [56]

Identify ways in which different societies handle or respond to similar phenomena.

Sociology is simply the study of society and how various social institutes such as: education, religion, employment, family, etc. function. A sociologist would be in investigating a topic such as: "The difference between female employment rates in developed vs. developing countries". This example involves investigating the same social phenomenon (female employment) in two different kinds of societies.

7 0

2 years ago

Learning Task 12: Subject Verb Agreement. In your notebook, write at least two (2) paragraphs to a school head describing a new

Evgen [1.6K]

Answer:

Dear director.

Through this note, I highlight the importance of creating a school tutor club at our school. This club would consist of selecting students who have been notable in all subjects, making them tutors and allowing them to help other students who have difficulties in the subjects tutored by them.

This club could hold meetings once a week, where students could get together to receive help from them and be taught how to do better in their subjects. This could promote the academic quality of our school, allowing students to have higher and higher grades due to tutoring.

Explanation:

In the text above, each verb was underlined, while each subject was placed in bold.

To differentiate these two grammatical classes, it is necessary to know that the verb is any word that indicates an action, a thought or reaction and a phenomenon of nature. The subject, on the other hand, is the term that is doing what the verb indicates, being very well associated with it and showing a type of "protagonist" in the sentence.

6 0

2 years ago