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USPshnik [31]
3 years ago
9

Select the correct answer.

Business
1 answer:
ra1l [238]3 years ago
5 0

Answer:

ans is c three

level pyramid

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Gomez runs a small pottery firm. He hires one helper at $13,000 per year, pays annual rent of $5,500 for his shop, and spends $2
alisha [4.7K]

Answer:

(a) $35,000

(b) $8,000

Explanation:

(a) Accounting profit:

= Total revenue - Explicit cost

= $75,000 - (wages + Annual rent + Material cost)

= $75,000 - ($13,000 + $5,500 + $21,500)

= $75,000 - $40,000

= $35,000

(b) Economic Profit:

= Total revenue - Explicit costs - Implicit costs

= $75,000 - (wages + Annual rent + Material cost) - (Income from investment + Earnings as a potter + Worth of entrepreneurial talents)

= $75,000 - ($13,000 + $5,500 + $21,500) - ($5,500 + $19,000 + $2,500)

= $75,000 - $40,000 - $27,000

= $8,000

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3 years ago
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A regimen with a schedule outline or summary of class topics and assignments
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It is estimated that a first time dui costs roughly ______ once all potential costs are factored in.
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The estimated cost of first time DUI roughly around $1,000 dollars once the potential cost are factored in. The potential cost of a contract is the sum of all the estimated and actual cost of all the fees and reimbursable expenses associated with contact.
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e, e ,i, i, i, e is the order from top to bottom

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________ are designed to stimulate thought about entrepreneurs' understanding and feelings as they progress through the entrepre
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Answer:

Reflection activities/tasks  

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Reflection activities are tasks that makes  entrepreneurs  look back over what or how they have learned as they progress through the entrepreneurial process. Reflection tasks  often assess metacognitive skills, it helps entrepreneurs to arouse their thinking towards taking conscious actions that will improve their decisions.

 

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