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ArbitrLikvidat [17]
3 years ago
11

As long as there are ____ costs, ____ profit will be greater than ____ profit.

Business
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

The answer is: As long as there are economic costs, accounting profit will be greater than economic profit.

Economic costs are defined as the opportunity cost incurred when processing inputs for production, while economic profit is defined as the combination between the revenue that a business entity generates and the monetary and opportunity costs that it pays.

Accounting profit, on the other hand only accounts for the monetary costs that a business entity has to pay and the revenue that it generates.

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Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town nex
Ne4ueva [31]

Answer:

Contingency viewpoint or approach of management

Explanation:

According to the contingency viewpoint, there is no particular standard of management. Rather, the type of management style adopted including decisions made depends on the type of situation that the organization is facing at the particular time. Nikita in this scenario is using the contingency approach since she is making decisions based on the upcoming convention.

3 0
3 years ago
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. What is another way to
Degger [83]

Answer: There has been a drop in demand.

Explanation:

The strength and sustainability of a business is the demand in the market, it would be painful and a loss making so many productions and there is little or nothing for demand at the moment. So the target is way to make sure there is a demand on the long run which will match up the production.

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3 years ago
The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with sa
andrezito [222]

The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with safe working conditions and equipment is Federal Hazardous Substances Act (FHSA) .

The Federal Hazardous Substances Act (FHSA) requires precautionary labeling on the immediate container of hazardous household products to help users safely store and use those products and to give them information about immediate first aid steps to take if an accident happens.

The Act also allows the Consumer Product Safety Commission to ban certain products that are so threatening or the nature of the hazard is such that the labeling the act requires is not adequate to protect consumers.

The Act requires hazardous household products ("hazardous substances") to bear labeling that alerts consumers to the potential hazards that those products present and that suggests what they need to do to protect themselves and their children from those hazards.

To know more about federal laws refer to:

https://brainly.in/question/5582683

#SPJ4

7 0
2 years ago
Kriyoto inc. is a manufacturer of printers, scanners, and other office equipment. it announced a cash refund for corporate purch
zloy xaker [14]
Rick has received a rebate. A rebate is a sum paid by a method for diminishment, return, or discount on what has just been paid or contributed. It is a sort of offers advancement that advertisers utilize basically as motivating forces or supplements to item deals. There is confusion on discount and rebate, the rebate is a backend discount while the discount is the upfront meaning you the customer is discounted by the time he/she bought the item. 
8 0
3 years ago
What are the rules of brainstorming? Check all that apply.
Allisa [31]

Answer:

<h3>Always make sure to write all the ideas down. </h3><h3>Make no judgement.</h3><h3>Briefly discuss and elaborate on each idea as they are presented. </h3><h3>Let people know they will be brainstorming in advance if possible .</h3>

Explanation:

  • One of the most basic rule of brainstorming includes the practice of inclusiveness. It is important to bring all ideas together and write it down as in a brainstorming session, quantity matters over quality.
  • Each and every idea should be <u>respected by all</u>. One should not make any judgement of another person's idea.
  • It is important to briefly discuss each idea as they are presented as to fully <u>comprehend the main motive behind each idea</u>. Some ideas become more refined as we discuss more upon it.
  • It is also important to let the members know that there will be a brainstorming session in advance so that <u>each member can think of an idea before the actual session</u> takes place.
8 0
3 years ago
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