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White raven [17]
3 years ago
8

10.

Business
1 answer:
anastassius [24]3 years ago
8 0
<span>A.
Open-end Credit

Hope this  helps.</span>
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Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savi
yawa3891 [41]

Answer:

d. $1,000

Explanation:

Implicit cost is the cost which has been incurred, and cannot be avoided. It is best described as an opportunity cost that has been foregone, here the funds have been borrowed specially for coffee shop. Interest expense of $8,000 is the cost for such borrowing, also the amount withdrawn from savings account have been used for coffee shop but the interest income foregone is the opportunity cost = $50,000.00 \times 2% = $1,000 is implicit cost.

Therefore, correct option is d. $1,000

6 0
3 years ago
The parts can be purchased from an outside supplier for only $28 each. The space in which the parts are now produced would be id
noname [10]

Answer:

d) $56,000 decrease

Explanation:

In the case when parts are produced by sharp corporation

Given that

Total cost per unit = $36

Total cost = Total cost per unit × parts

= $36 × 8,000

= $288,000

Now

If the parts are Purchased by the outside supplier, fixed costs decreased by one-fourth.

So, three-fourth fixed costs should be incurred.

Now  

Total cost per unit = Purchase Price + three - fourth fixed costs

= $28 + (3 ÷4) × $20

= $28 + $15

= $43

Now

Total cost = $43 × 8,000

= $344,000

So, the operating income is

= $288,000 - $344,000

= $56,000 decrease

7 0
3 years ago
The social costs of unemployment are combine with the loss of goods and services and negative governmental impacts that include
elixir [45]

Answer:

The social costs of unemployment are combine with the loss of goods and services and negative governmental impacts that include increases in costs for welfare services and decreases in access to social amenities and infrastructures

Explanation:

Unemployment has social impact on citizens involved ranging from contributions of government policies which has direct effect on the economy such as inflation, furthermore, decrease in assessing social amenities als has its contribution which enables the increment in different social vices

4 0
3 years ago
Amy convenes a meeting to rethink the organizational structure to avoid being beat to the market by a competitor again. Based on
Natalija [7]

Amy should reduce hierarchy if she wants to avoid being beaten by competitors.

A reduction of hierarchy will realign the company to achieve its goals faster than operating with a formalized hierarchy. This restructuring or delayering is known as empowerment.

The advantages that Amy will achieve by delayering or reducing hierarchy include:

  • Simplifying the organization's management structures
  • Reducing its bureaucracy
  • Cutting its communication paths
  • Speeding up decision-making
  • Pushing responsibility down to lower organizational levels (through empowerment).

Thus, Amy should rethink the organizational structure by reducing the hierarchy, making the decision-making process accessible.

Learn more: brainly.com/question/10849707

6 0
3 years ago
The current price of canvas messenger bags is $36 each and sales of the bags equal 400 per week. If the price elasticity of dema
Alexxx [7]

Answer:

624

Explanation:

8 0
3 years ago
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