In zero accounting profit takes opportunity costs into account, whereas zero economic profit does not. If a firm has zero economic profits, they are able to have positive accounting profits. A zero accounting profit means that the revenue that is made is only covering explicit costs. A zero economic profit is normal when the total revenue and expenses equal zero.
Answer:
This was an executory contract because neither party has fulfilled their contract obligations (consideration). In other words, the contract has not been fulfilled yet, and both parties are still responsible for performing their contract obligations.
Even after Jackson mistakenly painted the neighbor's deck, the contract remains as executory since neither party has performed their obligations.
Answer:
The correct answer is diversify geographically.
Explanation:
Diversification is one of the strategies most used by companies when it comes to expanding their market horizon. In this sense, diversifying is synonymous with expansion, growth, investment and openness.
In general, companies that are committed to diversification seek new market niches or commercial possibilities. This may be motivated by several reasons, ranging from corporate growth opportunities to the implementation of internal restructuring plans.
Answer:
Selling short
Explanation:
Selling short is the answer,it simply means that an investor or a trader will make profit when prices of commodities goes down. In other words it the opposite of going long where investors make money when prices rise up
