Answer:
A. becomes positive once the value of the next best use of resources used in production is included
Explanation:
Economic profit is accounting profit less implicit cost or opportunity cost.
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
Accounting profit is total revenue less total cost.
If in the short run firms are earning economic profit, in the long run firms would enter into the industry and this would drive economic profit to zero. While economic profit is zero, accounting profit would be postive. So the firm would still be earning accounting profit.
I hope my answer helps you
Answer:
1) The pretax income of Acme Brush became a US dollar pretax loss because of spot rates and or the exchange rates meaning sales were made when the exchange rate was Less than the exchange rate when the expenses were paid. But the main difference between the two currencies is exchange rates.
2) Cooper Grant should be paid the annual bonus as it is payable to him because Acme Brush of Brazil made a profit and his Bonus is a predetermined percentage of the pretax income.
Explanation:
Answer:
Accommodating
Explanation:
Accommodating is the term in business which means resolving the conflict through placing the concern of the others above of its own at the workplace.
For example, if the person is not agreeing to a point where all the other members of the team are agreeing on that, so accommodating is the kind of intention, which make the business successful by making that person agreeing on that.
So, in this case, Irma is not agreed with the procedure of operating for the new project. Therefore, in order to make the new operations smooth, Irma needs to accommodate himself.
Answer:
Explanation:
I am sorry but please give detailed question
