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shepuryov [24]
3 years ago
9

What are implicit​ costs? an implicit cost is

Business
1 answer:
Svetllana [295]3 years ago
7 0

a nonmonetary opportunity cost. looks like the best option, implicit costs are implied much like a trade off or oppurtunity cost.

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Data for a Poisson with mean 10 A BigJet flight from Philadelphia to Boston has 60 seats. The high fare is $400 and the low fare
barxatty [35]

Answer:

Consider the following calculations

Explanation:

Co = low fare = $ 100

Cu = high fare - low fare = 400 - 100 = $ 300

Critical ratio = Cu/(Cu+Co) = 300/(300+100) = 0.75

In the table, look for F(q) >= 0.75 , that value is 0.792 and corresponding value of q = 12. Therefore,

Optimal protection level = 12

Refer the table for q=12, Expected shortage, L(q) = 0.5

Expected high fare seats to be sold = Mean demand - Expected shortage = 10-0.5 = 9.5

Probability of a full flight = 0.792

6 0
4 years ago
Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $16,100 under terms of
saw5 [17]

Answer:

$7,473

Explanation:

Calculation to determine the amount of gross margin that results from these transactions

First step is to calculate COGS

COGS=$16,100-($16,100 * 0.03)+$610

COGS=$16,100-$483+$610

COGS=$16,227

Now let calculate the Gross margin

Using this formula

Gross margin = Sales revenue - COGS

Let plug in the formula

Gross margin=$23,700 - $16,227

Gross margin =$7,473

Therefore the amount of gross margin that results from these transactions is $7,473

6 0
3 years ago
The exit-voice-loyalty-neglect (EVLN) model Multiple Choice outlines the four consequences of emotional intelligence. is a templ
dezoksy [38]

Answer:

is a template for organizing and understanding the consequences of job dissatisfaction.

Explanation:

From it's name, the EVLN tells us four ways that Employees respond when they are dissatisfied with their job.

E stands for Exit which means going elsewhere to look for other job opportunities, it means leaving the organization or transferring to another unit.

V stands for Voice which means trying to change the situation of things rather than escaping from that dissatisfying situation. It can be constructive or destructive.

L stands for Loyalty such Employees in this category respond to dissatisfaction by waiting patiently for the issue to be solved out with time or by other.

N stands for Neglect which means putting in less work, reducing quality and also acts of absenteeism and lateness.

4 0
3 years ago
Here is some pricing information for a pair of jeans from different countries. Country Price of a pair of jeans Actual Exchange
il63 [147K]

Answer:

Israel and Mexico

Explanation:

3 0
3 years ago
Selected transactions for Thyme Advertising Company, Inc. are listed here Describe the effect of each transaction on assets, lia
Dima020 [189]

Answer:

1. Increased assets (Cash) – Increased stockholders’ equity (Common Stock)

2. Decreased stockholders’ equity (Rent Expense) - Decreased assets (Cash)

3. Increased assets (Cash) – Increased stockholders’ equity (Service revenue)

4. Increased assets (Accounts receivable) – Increased stockholders’ equity (Service revenue)

5. Decreased liabilities (Cash Dividends Payable) – Decreased assets (Cash)

6. Decreased stockholders’ equity (Advertising Expense) - Increased liabilities (Accounts payable)

7. Increased assets (Cash) – Decreased assets (Accounts receivable)

8. Increased assets (Equipment) – Decreased assets (Cash)

9. Increased assets (Equipment) – Increased liabilities (Accounts payable)

Explanation:

Accounting Equation Formula:

Assets = Liabilities + Owner's Equity

This equation tells us that Assets are increased by Debits and decreased by Credits, instead, Liabilities and Stockholders´ Equity decreased by Debits and increased by Credits. In the answer, Debits are represented by the left side of the note, and Credits by the right side of the note.  

8 0
4 years ago
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