Answer:
The correct option is B,zero monetary cost but a $1,000 per month opportunity cost
Explanation:
Monetary cost also known as explicit cost is the actual costs incurred in running a business.But the business in this case is renting of the property,frankly speaking, Jeane has not incurred any cost in her property business,hence monetary cost is zero.
Opportunity is the cost or benefits from alternative course of action. Jeane not renting out the property on commercial basis is the alternative course of action in this case.Since the commercial letting gives $1500 and the letting to her brother gives $500, the difference between the two rents is $1000 which is benefits forgone from letting the house to her brother,that is the opportunity cost.
It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!
Answer: B. to prove Stew-topia engaged in predatory pricing, you would need to prove that Stewtopia priced stew below average variable cost with the specific intention of driving 2 Live Stew out of business
Explanation:
Predatory pricing is the pricing of goods in such a way that it is so low that it is even below average variable cost. The logic being that in the Shortrun, if a firm cannot cover it's variable cost, it would have to shutdown.
Larry would therefore be correct in saying that to prove Stew-topia engaged in predatory pricing, it would need to proven that Stewtopia priced stew below average variable cost with the specific intention of driving 2 Live Stew out of business.
Answer:
The unemployment rate is 42.85.
Explanation:
The formula to calculate the unemployment rate is:
Unemployment Rate = (Unemployed People / Total Labor) x 100 -- (1)
where total labor is the sum of the unemployed people and employed people.
Unemployed People = 10 Retired persons + 5 stay-at home parents + 10 persons with no job + 5 persons who wanted job
Unemployed People = 30
Labor Force = Employed people + Unemployed people
Labor Force = 40 + 30
Labor Force = 70
Putting the values in equation 1,
Unemployment Rate = ( 30/ 70) x 100
Unemployment Rate = 42.85
Answer:
telling somone to a specifc thing. it can be good or bad
Explanation: