All categories

3 years ago

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

Social Studies

1 answer:

Oksana_A [137]3 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

What is the message or theme of the movie World Trade Center

sergij07 [2.7K]

it was about the twin towers getting collapsed it was basically about 9 11

7 0

3 years ago

Place the federal courts in proper order starting with the LOWEST COURT.

Dominik [7]

Answer: If you're starting with the lowest court then:

U.S. District Court, U.S. Court of Appeals, U.S. Surpreme Court.

3 0

2 years ago

Over time, how do changes in the demand for loanable funds and the supply of loanable funds change the real interest rate? over

8090 [49]

Over time, with changes in the demand for loanable funds and the supply of loanable funds change the real interest rate will occur. The interest rates will increase with the increase in demand and decrease with increase in supply.

Loanable funds is the sum total of all the money people and entities in an economy have decided to save and lend to borrowers as an investment rather than personal use.

Interest rates can determine how much money lenders are willing to save and invest. When the demand for the loanable funds increases it pushes the rates up, and when the supply of the loanable fund decreases it pushes the rates lower.

Central banks can manipulate the interest rates to influence the economy.

To learn more about Loanable funds here

brainly.com/question/15851247

#SPJ4

6 0

2 years ago

Martha thinks it is better to get angry rather than hide or suppress her feelings so that her husband knows she really cares abo

Gnesinka [82]

Answer:

Option A

Explanation:

It is a direct approach to conflict.

Martha thinks it is better to get angry rather than hide or suppress her feelings, so that her husband knows she really cares about the issue.

What makes option A the best answer, is because she does not want to hide the details from the issue, she prefers to let it out of the bag than keeping it in and it keeps burning until the un-usual happens which is not always the best method to resolve conflicts.

It is direct because she believes its better her husband knows she is angry and then settle the matter than allowing the issue to keep burning inside of her. it is direct because the matter made her angry and she is expressing it other than neglecting it.

7 0

3 years ago

explain how american colonial history would have been different if the british had not passed the intolerable acts

chubhunter [2.5K]

The intolerable acts were one of the biggest causes of the American Revolution, if they had not been passed there is a good chance America would not have revolted against the British, or at least would not have done it when they did. Colonial times specifically would most likely not have had the turmoil of the Revolutionary War and all that went with it.

8 0

3 years ago